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

Available PropertyFiles:

  • /Insurance/
    • THECOMMERCIALHOTEL_Policy Schedule_CLN12309ZHP_I04611454_2176622002.pdf
  • /LIM Report/
    • LIM Report.pdf
  • /Lease Documents/
    • 97 Alexandra Street_Deed of Lease_2016.pdf
  • /Record of Title / Instruments / Interests/
    • Record of Title_SA66798.pdf
    • Record of Title_SA67886.pdf
  • /Seismic Report/
    • Final Report - Detailed Seismic Assessment Report - Te Awamutu Hotel_.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

Throughout his distinguished 18-year career with Bayleys, Tony Chaudhary has built an exceptional reputation in New Zealand's commercial property sector. His proven strategies and outstanding results have established him as a leading figure in the South, East & West Auckland markets.

Market Excellence: With deep expertise in investment sales and tenanted retail opportunities, Tony has become a trusted name across Auckland. His comprehensive analysis of market dynamics and keen understanding of yield optimization enable clients to maximize their investment returns. This specialized knowledge, combined with strong connections to property owners, corporate clients, national retail groups, and international investors, frequently unlocks opportunities before they reach the open market. Through years of trusted partnerships and masterful negotiation skills, Tony has achieved numerous record-breaking sales that consistently deliver superior outcomes for his clients.

Strategic Innovation: Several key factors distinguish Tony's approach in the competitive marketplace. His extensive network of investors, business owners, and developers facilitates swift, efficient transactions, Tony identifies and maximizes each property's unique value proposition with sophisticated marketing strategies and deep market insights, making him the trusted advisor for discerning property owners seeking exceptional results.

Backed by the prestigious Bayleys brand, Tony's commitment to excellence and client success continues to set new standards in commercial property services. His strategic guidance and comprehensive market knowledge make him the preferred choice for investors seeking to optimize their property portfolio value in today's dynamic marketplace.