139 And 139A Main Street, Pahiatua, Tararua

By Negotiation
568m2
Land Area
353m2
Floor Area

+1

Cash flow plus

139 & 139A Main Street, Pahiatua. The return on this investment could be 9%. A new 5-year term has just been signed with the tenant, bringing a nett return of $40,000 per year (all out going costs are paid by the Tenant). A further term of five years is available to the tenant, final expiry date 31st March 2034. Ratable Value $546,000 as of 1st Sept 2023. This property sits proudly on Main Street, with a long standing, stable tenant that services the wider rural community of the area with their services. Land area - 568 m2 (more or less) Building area - 353 m2 (more or less) The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area, staff room and convenances. For further information, please call Property Brokers

139 And 139A Main Street, Pahiatua, Tararua

Web ID

BC181316

Floor area

353m2

Land area

568m2

District rates

$4642.31pa

Regional rates

$231.00pa

LV

$165,000

RV

$546,000

By Negotiation
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Contact


Garry Doyle

Garry Doyle

027 452 2212

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Property enquiry

Property enquiry for
BC181316

About the location


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Here awaits an investment opportunity to purchase a commercial building on the Main Street of Pahiatua with a long term lease in place - currently leased for $500.00 + GST per week, as well as a separate house with tenants wanting to stay on. The building is large, consisting of two separate retail outlets as well as being self-contained with a three bedroom living quarters above the shop. Located to the rear with its own separate access via Kiwi Street is a four-bedroom home that is currently tenanted for $400 per week. The home has two living areas, two bathrooms, heat pump, and a single garage. This opportunity will suit those looking for their first commercial investment with long term tenants, at close to a 10% return, you need to take a closer look.

Buyers $399,000+

139 & 139A Main Street, Pahiatua. The return on this investment could be 9%. A new 5-year term has just been signed with the tenant, bringing a nett return of $40,000 per year (all out going costs are paid by the Tenant). A further term of five years is available to the tenant, final expiry date 31st March 2034. Ratable Value $546,000 as of 1st Sept 2023. This property sits proudly on Main Street, with a long standing, stable tenant that services the wider rural community of the area with their services. Land area - 568 m2 (more or less) Building area - 353 m2 (more or less) The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area, staff room and convenances. For further information, please call Property Brokers

By Negotiation

Located on Pahiatua's golden mile, this very well set up and attractive family-owned business comes to the market for the first time in over 20 years. Trading as, The Bookshop the premises also comprises of 3 other well known New Zealand brands - New Zealand Post, Lotto, and Kiwibank. In house florist "Violet May Flowers" also currently holds the local contract for Interflora to supply flowers within the Tararua region. This is a fantastic opportunity for anyone who has been wanting to be their own boss. The options to grow and diversify are limitless, as there is the added ability to stock any other brand you want, with the current owners having items of clothing and apparel that sell very well. The location is the real bonus here, with a money machine located at the entrance and only two doors down from Pahiatua's supermarket, daily foot traffic is steady. The building is solid, warm and modern, and is very welcoming for all customers. Potential is huge here, take the step today to secure your future, and make this thriving business your own.

$280,000 + GST (if any)

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