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Waihi, Hauraki District, Coromandel, 25 Seddon Street HCM27577

Auction 31 Mar 2022
Unless Sold Prior

State Highway Corner Retail Investment

- Subway NZ as Prime Corner Tenant
- Multi tenanted retail investment
- Split risk with established tenants
- Currently returning $135,173 per annum plus GST
- Freehold site of 1,009sqm (more or less)
- High corner profile on the main route (SH2) between Tauranga and Auckland
- Huge exposure to passing traffic

This property occupies a profile position on the corner of Seddon Street and State Highway 2. Well located with on street parking. Nearby neighbours include Waihi Sports & Cycles, Toyworld, Harcourts and numerous eateries and other retailers.

Prominent corner location on State Highway 2, this property offers excellent visibility to both foot and vehicle traffic. Here is an excellent opportunity to purchase in this tightly held retail location in the centre of Waihi. Tenant includes internationally recognised Subway with strong lease covenants and final expiry of 2040. Expect interest to be strong, so don't delay. Call today to arrange your inspection.

Main Property Features

Listing Number: HCM27577
Approx Floor Area:
1167 sqm
Land Size:
1009 sqm
Property Type:
Retail
Photo of Theo de Leeuw
Theo de Leeuw
Licensed REAA 2008
Photo of Matt Bowie
Matt Bowie
Licensed REAA 2008

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Harcourts Hamilton Commercial
Cnr Victoria & London Streets Hamilton
Licensed REAA 2008

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