3815 State Hwy 2

Mangatarata Waikato

230 sq.

1.27 ha.

Land

Currently for sale - view listing

Overview

Tenanted with upside

•$55,000pa + GST/OPEX secure income from established café lease •Consented dwelling site - add a home for extra rental returns •Strategic location midway between Auckland-Tauranga Midway between Auckland and Tauranga, 3815 State Highway 2 offers investors a unique opportunity to combine secure income with future upside. The property currently returns $55,000pa + GST/OPEX from a longstanding café business. Well known to both locals and travellers, the café enjoys excellent visibility on this busy State Highway route and is securely leased, providing stable returns with no involvement required. What makes this investment stand out is the ability to add value through residential development. The property comes consented for a dwelling, allowing an investor to build a home onsite and generate additional rental income. With demand for residential rentals supported by nearby Ngatea township, and lifestyle amenities including a golf course directly across the road, the potential to attract tenants is strong. This combination of passive commercial income and residential development potential creates a versatile investment strategy. Secure returns today from the café lease, and the ability to enhance yield tomorrow with a dwelling, positions this property as a smart choice for add-value investors. 3815 State Highway 2 is an opportunity to secure income, add value, and grow long-term returns in a strategic rural location.