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Listed almost 5 years ago

ID#450638

Cambridge

Cambridge / Te Awamutu
Auction
0
0
510
(5,489.59 sq.ft.)

Diversified investment in the heart of Cambridge

• Seldom available investment in sought-after Cambridge

• Multiple tenants returning $79,400pa + GST and outgoings

• Centrally located featuring an optometrist, dentist and beauty therapy

In the heart of down-town Cambridge, the growth engine of Waipa District, this solid commercial building presents a top-drawer investment. It delivers the strengths of mixed tenant occupancy, a C grade seismic rating and CBD location. Its wide street frontage is visually dynamic in a busy street with excellent foot and vehicle traffic. Established, stable tenants synergise superbly and create a strong image for the prominent property in the bustling, economically buoyant town.

These high quality tenants ensure diversified income and split risk investment. Economic growth in Waipa, particularly Cambridge, is outpacing the rest of the Waikato and the country. GDP growth for the year ending March 2018 was 4.2%, compared to 3% for the rest of the Waikato region, and 2.7% for the rest of New Zealand. Cambridge's population growth has increased demand in construction and commercial services, which, in turn, incentivises investment. Given the current

shortage of investment opportunities across the market, and the possibility of maximising the returns, the sale of this building couldn't come at a better time.

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Agents

David Cashmore

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

'A Passionate Achiever'

Since joining the residential division of Bayleys Waikato in 2006, David has achieved outstanding results marketing and selling premium Hamilton homes.

Consistently the #1 or 2 residential real estate agent at Bayleys Waikato, David is passionate about exceeding his client’s property objectives.

The success of this results oriented partnership has seen him achieve:

2007 Most Promising New Salesperson (NZ wide) Bayleys Real Estate Awards

2007 Excellence for Outstanding Achievement Residential Sales REINZ Awards

2008 High Achiever (NZ Wide) Bayleys Real Estate

2009 Excellence for Outstanding Achievement Residential Sales REINZ Awards

2010 Excellence for Outstanding Achievement Bayleys NZ Top 10%

2011 Excellence for Outstanding Achievement Bayleys NZ Top 10%

Passionate about the Waikato

Hamilton born and bred, David loves the pace of life and lifestyle Hamilton and the Waikato region has to offer. Passionate about cars as a young boy, David qualified as an automotive engineer. This led to a successful co-ownership in Hamilton based, motor vehicle retail and importing business, Cashmore Motors.

Passionate about Sport

In 1990 seeking a new challenge, David re-trained and established a career in the sports industry as a professional tennis coach, building a thriving business comprising coaching staff, a retail sports store and a sports management division. In addition to this from 2000 -2002 David also developed, promoted and managed three US$25,000 ATP Tour Tennis tournaments in Hamilton.

In 2001, David was awarded New Zealand Tennis Coach of the year.

Following on from these achievements, David then secured the French based Babolat sports brand for the New Zealand marketplace and started up Hamilton based Advantage Sports – a nationwide sporting goods distribution company.

Passionate about Real Estate

In 2006, David decided to realize another life goal. When an opportunity arose to fulfill his lifelong passion for real estate he signed on for a new challenge and joined Bayleys Waikato. This determination to excel coupled with a preparedness to work hard on behalf of his clients, has seen David forge an outstanding real estate career in just three years.

Passionate about exceeding expectations

With a proven entrepreneurial flair, valuable people skills and a demonstrable gift for sales and marketing, David is driven to get the best out of each and every opportunity. His extensive network of local contacts, relationship building philosophy and considerable experience in retail sales and marketing means his approach is centered on servicing his clients interests with care and integrity.

“If you are thinking of selling, call David first. He would love the opportunity to exceed your expectations.”

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Rebecca Bruce

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Commercial Real Estate fits like a glove for Rebecca Bruce, who has a strong analytical mind and a good head for figures. A year after launching her Real Estate career Rebecca made her mark on the national stage by winning the 2016 REINZ Commercial and Industrial Rising Star of The Year.

A Business Management graduate with Honours from the University of Waikato, Rebecca has a long-held affinity for numbers, accounting and marketing. Her mother, is a successful residential Sales Person, which was influential in her career decision. The family is proudly Waikato.

Rebecca deploys a very specific combination of skills when facilitating real estate transactions. Her education, along with her ability to work quickly and accurately with numbers, and analyse data, make her highly effective in the specialised field of commercial real estate. A major focus includes office, retail and hospitality properties, within Hamilton's CBD.

A multi-tasker, Rebecca is driven, focused, energetic and delivers outstanding customer service, analytical data and financial information. She is also warm and articulate. Her professionalism and ability to offer tailored solutions enable her to facilitate commercial real estate transactions at the top end of the market.

I enjoy helping people find what they want and making the process simple and easy for them. It's a very rewarding experience.

Working under the Bayleys banner means Rebecca has access to networks throughout the country, and beyond. Specialist commercial and industrial real estate is the cornerstone of Bayleys' business, a company with the largest commercial property client base in the country.

Rebecca's down-time is spent playing netball and tennis, plus relaxing in Whangamata where she enjoys the beach life.

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