For Sale
Investment Commercial Property
494 Sloane Street, Te Awamutu
For Sale: $1,350,000 + GST (if any)
Cracker Location
Property details
Origin Real Estate have the pleasure of offering this fully tenanted investment property at 494 Sloane Street, Te Awamutu to the market.
Situated on the busy Sloane Street/SH3 the property has exceptional profile to a continuous traffic flow. Drive thru access (to Jackson Street) is a key property attribute which enables customers on and off the site. Neighbours include Farm Source, Firestone, Z Petrol Station, Wilks Penny Motorcycles and VE Vets.
Key Facts
Land Size: 1219 sq metres
Building Size:
Showroom/Office 179 sq m
Warehouse 1 240 sq m
Warehouse 2 113 sq m
Rear Workshop 76 sq m
Ground floor total 608 sq m
Mezzanine Tea room 36 sq m
TOTAL 644 sq m
Zoning: Commercial
Territorial Authority: Waipa District Council
Tenancy Schedule
Tenant: Active Electrical Suppliers (Te Awamutu) Limited
Guarantor: Active Electrical Suppliers Limited
Term: 4 years from 1 December 2022
Right of Renewal: 1 of 4 years
Annual Rental: $82,688 + GST and outgoings
Asking Price: $1,350,000 + GST (if any)
Yield: 6.1%
Yield: 6.1%
Property Files
Contact
John Robinson
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