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Listed over 1 year ago

ID#580600

21 Lyon Street,

Kihikihi

Cambridge / Te Awamutu
$650,000 + GST (if any)
154
(1,657.64 sq.ft.)
532
(5,726.39 sq.ft.)

Mixed Tenancy - Domestic/Commercial Rental Income

VENDOR SAYS SELL!!!
Secure a passive income from this fully tenanted site. A mix of commercial and residential tenancies.
Located on the busy SH 3 in the main street of Kihikihi. High traffic area.
Easy commute the the shops and bowling green. All within walking distance.

Building consists of:-
Front retail space of approx 66 sqm recently leased.
The two-bedroom comfortable home at the rear is also tenanted. Approx 88 sqm accommodation with large open plan lounge and well appointed kitchen great for entertaining guests. Two spacious bedrooms, bathroom with shower and toilet plus its own laundry space.
Extensive upgrades have been completed (documentation available).
A registered valuation of $710,000 including GST (November 2024) is available on request.
Lease Income
Domestic Rent $500 per week = $26,000 per annum
Commercial Lease $13200 + GST + outgoings

Asking is $650,000 + GST if any, Contact Pauline Love on 0211554689 for the information pack.

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Agent

Pauline Love

Ray White Te awamutu

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

Pauline is originally from Scotland, enjoyed buying, renovating and selling property in the United Kingdom. Married with two children and LOVES New Zealand. Moved from Scotland in 2001, was in the sky moving to New Zealand when the Twin Towers was happening.

In July 2014 moved to the Waikato, living in the friendly town of Te Awamutu. Pauline has always been heavily involved with the community, being a previous Lions member, Business Professional Women (BPW) and Ray White Little Ray of Giving Christmas present drive. She is an active member of Rotary Te Awamutu and helps out with the Urban Miners E Waste collections.

She started as PA to the Principal in Ray White, Te Awamutu then progressed to Sales and predominantly Commercial Sales and Leasing, now branching out to lifestyle and rural. Now armed with eight years experience within the industry.

Pauline Love and Howard Ashmore work together to market Rural and Lifestyle property throughout the region. Howard brings a wealth of experience and rural knowledge. We have high standards and are passionate about your property and together we get the job done.

Pauline is motivated to gain the best price for you. Pauline has an unstoppable work ethic. She has worked hard and obtained a degree in Applied Management.

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This property was photographed by

Troy Constable

Media Specialist

Waikato

ID#580600

21 Lyon Street,

Kihikihi

Cambridge / Te Awamutu
$650,000 + GST (if any)
proudly marketed by
Pauline Love
Ray White Te awamutu
Pauline
021 155 4689
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