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Nice earner SH1

105 Hautapu Street, Taihape and Surrounds

Commercial Land
dollar

$275,000 Plus GST (if any)

Floor area
290m2
Land area
476m2
Title type
Freehold
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Map

Property details

Listing # TIC77504 | Listed on 13 April 2022

This desirable property has been owned and cared for by the same owners for some 35 years. They have recently sold the business they operated all those years ago to new enthusiastic owners and now they're selling the land and buildings. You wouldn't find more earnest and dedicated clients. The property is well presented and is in good condition. It occupies a prime profile position on State Highway 1, in the town business area. The lease is for three years with three rights of renewal, expiring in 2031. The net rent as of September 1st 2020, will be $26,000 per annum plus GST, providing you with a very tidy yield. In December 2019, my clients commissioned a DSA report which rated the building at 35%. The building Warrant of Fitness is current until 31st March 2021. New RV $250,000. You won't want to miss this one, being sold as plus GST if any.

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