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.