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Listed 2 months ago

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ID#477087

128-130 Maniapoto Street,

Otorohanga

Cambridge / Te Awamutu
Auction
0
0

Auction

Thursday 11th June
11.00am
Harcourts Auction Rooms
proudly marketed by
Aaron Donaldson
Harcourts NAI
Aaron
027 755 7522
Message Me

Real Return On Your Money

- 326sqm office plus 114sqm veranda
- 90% NBS
- Development potential
- National Tenant
- 24 onsite car parks, plus excellent surrounding street parking

Otorohanga is a thriving rural service town, with 128-130 Maniapoto Street situated right on the main street with access to the site also from Lawrence Street. Otorohanga's strength is its low commercial vacancy rate. The town itself services a wealthy farming district including Dairy and Dry stock farming. It is also recognised as the gateway to the Waitomo Caves, which is number 18 on the list of New Zealand's Famous Tourist
Attractions. The town is going through a growth phase with a number of new developments happening including an 11 Unit Apartment complex nearing completion. Nearby Neighbours include Otorohanga Agri Machinery, Waitomo News, Subway, McDonald's, Countdown, Otorohanga Honda, Stihl and Prescott Toyota.

The excellent condition of the property will be one of the first thing that strikes you when you walk into the property. The new owner can simply sit back and enjoy the returns.
The building has been presented in great order by both the Vendor and the Tenant. Tenanted by the Waikato Institute of Technology (Wintec) for more than 10 years.

The large area of land currently being used as a car park offers potential for future development. The current building format and location of the building allows for
multiple potential future uses. This property is a must see for investors looking under $1 million dollars. Vendor welcomes all Pre-Auction offers. Call today to discuss the options.

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Agent

Aaron Donaldson

Harcourts NAI

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

Aaron joined the Te Rapa Sales and Leasing team of NAI Harcourts in 2018. After completing a Bachelor of Management Degree at Waikato University, Aaron spent over 10 years working in Hamilton’s Hospitality sector before connecting with his roots and running a Rural Service business across the Waikato.

His personal values align with NAI Harcourt’s position in the market demonstrating leadership in the provision of property services with Integrity, respect, trust and fairness.

Aaron offers an energetic approach to real estate. With his hard work and ability to research the market, he has been able to deliver accurate and relevant information to tenants, owners, investors and developers. Winner of both the NAI Harcourts Rookie of the Year 2019 and the REINZ Rising Star 2019 awards; a successful career in the real estate industry is well underway.

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This property was photographed by

Debbie Moore

Waikato

CAA Part 102 Certified
ID#477087

128-130 Maniapoto Street,

Otorohanga

Cambridge / Te Awamutu
Auction

Auction

Thursday 11th June
11.00am
Harcourts Auction Rooms
proudly marketed by
Aaron Donaldson
Harcourts NAI
Aaron
027 755 7522
Message Me

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