97 Alexandra Street, Te Awamutu, Waikato Landmark Te Awamutu opportunity

Available PropertyFiles:

  • /LIM Report/
    • LIM Report.pdf
  • /Record of Title / Instruments / Interests/
    • Record of Title_SA66798.pdf
    • Record of Title_SA67886.pdf

Property Description

Key fetaures:
• Fully-leased 1930s historic art deco-style hotel generating $164,122pa + GST
• Partially-refurbished, versatile floor area of 1,862sqm (approximately)
• 1,378sqm (more or less) site across two titles on a corner site of the main road in Te Awamutu's vibrant town centre

This substantial 1,862sqm (approximately) historic art deco-style hotel offers a rare blend of stable income and significant upside for add-value investors.

The ground floor is fully-leased to a single hospitality tenant operating the Peach and Porker Pub and Long Acre Grill, generating a robust $164,122pa + GST and outgoings with fixed rental growth through to 2036. The lease includes the basement and benefits from recent refurbishments, ensuring minimal deferred maintenance and strong tenant appeal.

Upstairs, the former hotel accommodation spans 867sqm (approximately) and presents a compelling opportunity for refurbishment.

Located within Te Awamutu's pedestrian-focused Character Precinct, the property enjoys high visibility and foot traffic, surrounded by retail, council offices, and essential services. The zoning supports a wide range of commercial uses, making this is a strategic acquisition for investors seeking both yield and growth.

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Contact Tony Chaudhary

Bayleys Real Estate Limited, Manukau

Licensed under the REA Act 2008

021995121   tony.chaudhary@bayleys.co.nz   All Listings

Tony Chaudhary’s proven strategies for attaining outstanding results for his commercial property clients have seen him rise through the ranks of Bayleys since joining the group 15 years ago. Tony has ranked amongst the company’s Top 5% of agents nationwide every year since joining Bayleys and he was awarded the esteemed title of No 1 Commercial Agent, New Zealand in 2020/2021.

Specialising in the South/East Auckland commercial property sales market, Tony’s expertise is also regularly called upon by his clients throughout the Auckland market as they recognise the value he can add to the real estate table.

Regularly dealing with individual property owners, corporate clients, high-profile national retail groups, and key international property clients, Tony’s business has grown exponentially on the back of repeat and referral business, record sales prices, a changing market, and clever solutions to his clients’ property challenges.

Tony Chaudhary and his team efficiently services a growing national and international client base which values their diligent work, intelligent marketing strategies and proven negotiation skills that Tony has consolidated. Tony and the team invest significant time and energy to ensure that every avenue is pursued to find the right buyer for each property he is entrusted to market.

Deeply established in the Auckland commercial property market, Tony and his team, together with the reputable Bayleys brand, delivers exceptional real estate service to discerning property owners keen to realise true market value in the competitive marketplace.