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Nestled in the heart of Whakatane, presenting an exceptional opportunity for savvy investors looking to expand their portfolio with a prime real estate asset. This well-located property boasts two tenancies, making it an attractive option for those keen to benefit from a steady rental income while enjoying the advantages of a high-profile location..
Currently occupied with two well established tenants, allowing for diverse income streams and increased financial resilience. The asset has a 55% NBS (New Building Standard) rating, ensuring a level of compliance and safety that can instill confidence in both current and future tenants. This dynamic setup not only guarantees a flow of income but also presents potential for value addition in the long term. The existing tenancies create a hassle-free experience, offering investors a steady return without the need for immediate management or overhaul.
Enjoying a commanding presence in a high visibility location that captures significant traffic. The property is zoned commercial, allowing a variety of business uses that can thrive in this bustling area. Its strategic position on the main arterial route enables easy access for patrons and suppliers alike, enhancing its appeal for any entrepreneurial venture. Whether it be retail, hospitality, or professional services, this location is sure to attract attention and patronage, ensuring your investment continues to flourish.
Situated conveniently close to the central retail and commercial area of Whakatane, benefiting from its proximity to essential amenities and a thriving business community. The local demographic is consistently growing, providing an ever-expanding market for tenants to tap into. Not to mention the vibrant atmosphere of the surrounding precinct, which fosters a strong community spirit and economy. Investors can leverage this active environment, setting the stage for successful business operations that align with the needs of the local population.
A well-established investment opportunity with a strategic location, making it a rarity in today's market. With two tenancies already in place, 55% NBS rating, and situated on a prominent arterial route close to the central commercial district, this property promises excellent potential for capital growth and rental return. Don’t miss the chance to make a smart investment in Whakatane's thriving commercial landscape.
Enquire today to arrange a viewing and discover the potential this property has to offer!