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A Rare Investment opportunity in the heart of Morrinsville

43 Moorhouse Street, Morrinsville

Retail Property
dollar

Negotiation

Floor area
1222m2
Land area
2017m2
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Property details

Listing # ML7293 | Listed on 13 April 2022

This is an opportunity to secure a tenanted investment property in the thriving retail hub of Morrinsville.

The current tenants, Mitre 10 and Aroha health centre. With a rental return of $108,112 plus GST per annum. All outgoings paid by the tenant; this is an excellent passive investment!

Morrinsville is a hive of activity with Agri service businesses, amenities, schools and Countdown supermarket. The Morrinsville residential area has grown exponentially in the last few years and continues to grow, with a mix of medium to high priced housing and a growing Agri business centre with some of the country's leading Agri businesses based there which will continue to bring business to the area.

Viewing by appointment

Key Features:

- Tenanted investment by the popular Mitre 10 and Aroha health centre

- Rental return of $108,112 net p.a. plus GST

- All outgoings paid by tenant.

- Close to all amenities

- Easy access with lots of parking

- Public transport nearby

- A thriving community with plenty of growth potential

For more information and an appointment to view this property, please contact Gary Stokes at Kevin Deane Harcourts today.

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