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A23 & 16 Victoria Street & Bradford Street, Waihi
$890,000 listed in Jul 2017
Commercial:
Land size: 4,046 sqm | Building size: 372 sqm [Measure]
Agent: Success Realty Ltd Bayleys, Hamilton

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Property Description:
Two adjoining titles - corner site


Redevelopment options


Industrial zoning


Strong holding income


Sale will be GST inclusive


Situated on the corner of Bradford and Victoria Streets, Waihi, this large industrial site on two titles offers an excellent holding income. Currently there are two residential tenancies returning $36,400 pa plus an industrial tenancy of $19,300 pa.

Located in Waihi's industrial zone, the property offers owner occupiers and/or developers a multitude of opportunities for future development to maximise the potential the combined properties have to offer.

Waihi is located on State Highway 2, approximately 60kms North of Tauranga and 150kms to Auckland. With its access to two of New Zealand's major ports, Waihi offers an extremely affordable option for new and existing business opportunities.

The property is fully tenanted to residential/industrial tenants returning $55,700pa gross. Full tenancy details are available on request.
Nearby Schools:
NameTypeDecileDistance
St Joseph's Catholic School (Waihi)Primary3934 meters
Waihi CollegeSecondary31.3 km
Karangahake SchoolPrimary210.4 km
St Joseph's Catholic School (Paeroa)Primary414.2 km
Paeroa Central SchoolPrimary114.3 km
>>More schools

The property data is from the public websites.

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