This commercial building is prominently positioned in the heart of Rahotu, along State Highway 45 between Opunake and New Plymouth.
It is currently tenanted by Super Mart - the only supermarket of its kind in the locality - catering to the surrounding community as well as commuters travelling to and from Opunake and New Plymouth.
The property sits on a freehold title comprising a total land area of 1,012 sqm (approx) and includes a building footprint of 340 sqm (approx). The floor plan is well designed for operational efficiency, with a spacious main shop area, multiple storage rooms, kitchen area, safe room, multiple sky lights and an elevated office providing a panoramic view of the shop floor.
The tenant returns a net income of $39,900 pa + GST and outgoings, with a current lease term of six years in place along with three rights of renewal of six years each i.e. 14 August 2029, 14 August 2035, 14 August 2041.
Rahotu is a charming community situated in the western part of Taranaki, New Zealand. Conveniently positioned along State Highway 45, it is located just 16 kilometers north of Opunake and 11 kilometers south of Warea.
Buyer Enquiry Over $175,000 + GST (if any)
For more information or to arrange an inspection contact: Jijo John 027 421 2814, jijo.john@raywhite.com
