•Multi-tenanted offering split risk
•Dual frontages
•Central positioning in the main street
•Returning $41,600pa +GST and outgoings
Positioned centrally on Belmont Road, Paeroa, this multi-tenanted property offers an excellent split-risk investment opportunity, generating a steady return of $41,600pa + GST and outgoings. This property is perfect for an active add-value investor, whether you're making your first investment or expanding your portfolio.
With three long-standing tenants—a Chinese takeaway, a fruit shop, and a communications provider—this investment benefits from secure, reliable rental income. The property also boasts dual access, with customer-facing foot traffic along Belmont Road and a convenient service entrance from Willoughby Street for deliveries and the communications company.
Both retail spaces offer excellent street exposure, with additional value potential through refurbishment or modern upgrades. Don’t miss this opportunity to add value to a well-positioned property in Paeroa’s bustling main street.
