45 Alexandra Sreet, Te Awamutu
Cambridge / Te Awamutu

ID#446845
Listed 4 months ago

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Property Details

Location:
Cambridge / Te Awamutu
Waikato

Building
Land
Built In
888 m²
(9555 sq.ft.)
N/A

Earthquake prone opportunity, motivated vendor

Under instructions from our vendors we offer the opportunity to secure 45 Alexandra Street, Te Awamutu, located on 680m² (more or less) of land with two road frontages, this property offers a main street retail presence not to be passed up.

With an IEP rating of 10% the vendors accept they are not developers and are at the stage in life to let someone else reap the benefits of a higher yield until the building is redeveloped or brought up to current requirements.

Fearturing a mix of tenants, both retail and office, enjoy a net rental of circa $86,000 pa+GST with room to add-value.

Te Awamutu is a thriving Waikato town within close proximity to Hamilton and Cambridge servicing a large rural community beyond the Waikato into the King Country. Opportunities of this nature are few and far between- this is a must viewoffering strong holding income with multiple future development options.

Auction Details

Location: Bayleys Auction Rooms
Time: Thursday 11th April - 12:00

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Sales Consultants

Rebecca Bruce



Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: +64 21 063 5165
Mobile: +64 7 834 6744
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+64 27 232 1950
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