63 Ruataniwha Street, Waipukurau

Available PropertyFiles:

Property Description

• $42,171 + GST net rental income
• A-grade tenants
• 100% NBS building on popular High Street

A tenanted investment in a busy Central Hawke’s Bay commercial hub offering a passive investment opportunity with A-grade tenant covenant.

Newly constructed in 2021, this modern build offers 100% NBS and a dual tenant configuration with a passing rental of $42,171 plus GST and outgoings, and annual built in rental growth.

Domino’s have established themselves as part of the local community since opening in 2022, enjoying a spacious 146.8sqm food grade tenancy, with chiller, and access to carpark at the rear.

BNZ occupy the balance of the building with their “BNZ Express” ATM secure facility within 28.6sqm, on a new five year lease from settlement.

An ideal investment to start or add to any portfolio in this popular growing regional services centre and commuter community.

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Terms of Supply

This information has been supplied by the vendor or the vendor’s agents to Bayleys. Accordingly, Bayleys, Eastern Realty Limited and Kerry Geange are merely passing over the information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into the same.

All parties are strongly encouraged to take their own advice in respect of passed over information, including confirming it is complete and fit for purpose.

To the maximum extent permitted by law Bayleys, Eastern Realty Limited and Kerry Geange do not accept any responsibility to any person for the accuracy of the information herein.

Contact Kerry Geange

Eastern Realty Limited

Licensed under the REA Act 2008

0275432643   kerry.geange@bayleys.co.nz   All Listings

After growing up in the Wairarapa, schooling in Greytown and being awarded an Honour's Degree in Planning had a career of almost 20-years of experience as a consultant planner in NZ and the UK. Multi-million dollar private and public projects as an expert, negotiation, programme management, and sitting on high profile project boards, including for the Mayor of London on the world leading Central London Congestion Charging Scheme were among his highlights.

This impressive and successful background has shifted well into commercial real estate, with Kerry central in successful sales of over $150m in property in 2021. Kerry has built a reputation of professionalism, honest real estate, and working in the interest of clients.