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- Subway NZ as prime corner tenant
- Multi tenanted retail investment
- Split risk with established tenants
- Potential returns in excess of $150,000 per annum plus GST
- Freehold site of 1,009sqm (more or less)
- High corner profile on the main route (SH2) between Tauranga and Auckland
- Huge exposure to passing traffic
This property occupies a profile position on the corner of Seddon Street and State Highway 2. Well located with on-street parking. Nearby neighbours include Waihi Sports & Cycles, Toyworld, Harcourts and numerous eateries and other retailers.
Prominent corner location on State Highway 2, this property offers excellent visibility to both foot and vehicle traffic. Here is an excellent opportunity to purchase in this tightly held retail location in the centre of Waihi. Tenant includes internationally recognised Subway with strong lease covenants and final expiry of 2040. Full Information Memorandum available. Expect interest to be strong, so don't delay. Call today to arrange your inspection.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 3 | 2 | 103m2 | 2024年04月17日 | $535,000 | Council approved | |
0.14 km | 3 | 1 | 98m2 | 2024年02月26日 | $810,000 | Council approved | ||
 | 0.15 km | 2 | 1 | 80m2 | 2023年12月01日 | $490,000 | Council approved | |
 | 0.15 km | 2 | 1 | 63m2 | 2023年11月28日 | $390,000 | Council approved | |
0.16 km | 4 | 142m2 | 2023年11月13日 | $575,000 | Council approved |