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An investment that works for you from day one. This multi-tenanted commercial property in the heart of Morrinsville’s CBD offers a secure rental return of $75,000 + GST and outgoings per annum, plus opportunities to increase value and grow returns.
Positioned on Thames Street, the town’s main commercial strip, this 607sqm (more or less) freehold site features a well-maintained 415sqm (approximately) building with professional tenants in place. The split-risk nature of multiple tenancies ensures steady cash flow, reducing vacancy exposure while allowing investors to future-proof their asset.
Immediate income is locked in, with established tenants providing stability. The CBD location ensures ongoing demand, and with quality commercial properties in Morrinsville in limited supply, this is a prime opportunity to secure a high-performing asset. The area benefits from a strong local economy, driven by agriculture, business services, and retail, making it a thriving hub for both commercial tenants and investors.
For investors looking to push returns further, options include revising lease terms, reconfiguring spaces, or attracting premium tenants. With the flexibility to adjust lease structures or upgrade facilities, there’s clear potential to enhance rental yields and capital value. The property’s main street frontage ensures high visibility, making it an attractive prospect for professional services and retail operators.
Morrinsville’s commercial market remains affordable compared to major centres, yet offers competitive rental yields, making it a savvy choice for investors wanting strong returns without big-city price tags.
With motivated sellers and a property designed to perform, this is a genuine opportunity to secure a multi-tenanted investment with growth potential. Get in touch today to register your interest.
