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46 Belmont Road

Paeroa Waikato

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Currently for sale - view listing

Overview

A Noteworthy Investment

PRICE BY NEGOTIATION – Get in touch today for more information Prominently positioned where locals and travelers pass through daily, this well-located commercial property sits in the heart of Paeroa’s main street on State Highway 2, the key route connecting Auckland and Tauranga. Its central location provides strong visibility and steady foot traffic within this busy Waikato township. The property is securely tenanted, with the current occupant renewing their lease in November 2024. The lease runs through to 2027 and includes a further two-year right of renewal, offering investors a dependable income stream. Current rental: $17,500 + GST + OPEX per annum. Originally build in the 1920’s with a rear extension completed in 2003, the building combines character charm with functional commercial space. The long-standing tenant provides essential services to the Paeroa community and surrounding districts, including: •Kiwi bank services •NZ Post and post boxes •Stationery and giftware •Knitting and wool supplies •Photocopying services An excellent opportunity to secure a tenanted investment in a prominent Waikato township, providing a reliable income stream and strong main street presence. For further information or to arrange a viewing, contact Rhys Carmichael on 027 522 0031 Please note: Viewings are strictly during business hours.

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Happy sellers in Paeroa

71%
71% of sellers in Paeroa reported that their sale price either exceeded or met their price expectations.

Paeroa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 37 reviews in Paeroa over the last 12 months.

Local market activity for other properties in Paeroa

In the last 12 months, 4 other properties similar to 46 Belmont Road, have been sold.

This represents a 50% decrease in other properties sales when compared to the previous 12 months.

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