Pahiatua - Cash flow plus

Description

139 & 139A Main Street, Pahiatua.
The return on this investment could be 9%.
A new 5-year term has just been signed with the tenant, bringing a nett return of $40,000 per year (all out going costs are paid by the Tenant). A further term of five years is available to the tenant, final expiry date 31st March 2034. Ratable Value $546,000 as of 1st Sept 2023. This property sits proudly on Main Street, with a long standing, stable tenant that services the wider rural community of the area with their services.
Land area - 568 m2 (more or less)
Building area - 353 m2 (more or less)
The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area, staff room and convenances.
For further information, please call Property Brokers