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Listed 19 days ago

ID#460338

10 Dean Cres,

Waihi

Tauranga District & Western BOP
Tender
0
0
Approx
600
Approx
1,999
*600 = 6,456 sq.ft. 1,999 = 21,509 sq.ft.

Tender

Thursday 10th October
4.00pm
Action Real Estate 115 Cameron Road Tauranga
proudly marketed by
John Foot
Land Agents 2007
John
021 525 258
Message Me

YOUR OWN LITTLE WAIHI GOLDMINE

You wouldn't call this pet-treat processing factory beautiful but the returns will certainly make your accountant and bank manager happy. Having spent 20 years building a business with substantial local and export markets the retiring owners are ready to relax and do something else entirely. The business has been sold, now the building needs to go too. Your chance to secure a much better return than bank deposits with an inflation-adjusted income.

Features:
* 1,999 sqm freehold site
* 600 sqm building area
* Current rental $60,000 plus GST per year plus outgoings
* CPI rent increase every 2 years
* New 3 + 3 + 3 + 3 year lease from October 2018
* Retiring owners are committed to selling.

To be sold by tender closing at 4pm, 10th October 2019 if not sold prior. Comprehensive Information Memorandum available. Call for details.

Keywords

Property Type

  • Investment

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Agent

John Foot

Land Agents 2007

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

John Foot LLB, MBA relishes a challenge. When the opportunity arose to move from Wellington to the sunny BOP he grabbed it with gusto. Somehow the idea of living and working in a place with such an appropriate name as the Bay of Plenty appealed to him.

John believes you don't have to be pushy to be effective. He prefers to help the parties understand their true position and move towards common ground with calmly reasoned factual information rather than high pressure or bluff and bluster. If he recommends a particular course of action you can be confident that it is because he has considered the options and believes that this one is in your best interests.

John loves that an investment in real estate can provide both a stable home for a family as well as a simple means to grow your wealth over time. He gets no greater pleasure than from helping first home buyers to achieve their home ownership dream and his Investment Property Management team are dedicated to earning you the maximum possible sustainable return from your rental property investment.

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This property was photographed by

Alta van Blerk

BOP

CAA Part 102 Certified

Listed 19 days ago

ID#460338

10 Dean Cres,

Waihi

Tauranga District & Western BOP
Tender

Tender

Thursday 10th October
4.00pm
Action Real Estate 115 Cameron Road Tauranga
proudly marketed by
John Foot
Land Agents 2007
John
021 525 258
Message Me

Leave a message for Alta van Blerk

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