•High profile corner site
•Multiple tenancies
•Ample off-street parking
•Excellent A grade seismic rating 88%
164 Whitaker Street, Te Aroha is being offered by a family estate to the market as a multi-tenanted investment opportunity. Located on the high-profile corner of Whitaker and Kenrick Streets, this property offers excellent visibility for both foot and vehicle traffic. The property has rear access to a substantial car park that is an asset to any land holding in town where it is rare to have one let alone several.
Currently tenanted by four separate entities, the property returns approximately $68,000 per annum plus GST and OPEX, with income spread across professional and national brand tenants. As a deceased estate, the sale offers a unique chance for a new owner to secure this well-located investment with stable returns and excellent exposure.
If a split-risk investment with upside ticks the boxes, get in touch to find out the full details and arrange a viewing.
