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|Cambridge / Te Awamutu|
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.
|Location:||Bayleys Auction Rooms|
|Time:||Thursday 11th April - 12:00|