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Paeroa

129 Normanby Road, Paeroa, Hauraki

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268sqm Land area SQM
108sqm Floor area

Fresh returns on the menu


•Reputable global tenant
•Recently constructed modern building
•Excellent exposure
•Access from the rear via right-of-way
Here is your chance to sink your teeth into a smart, secure investment at 129 Normanby Road, Paeroa. This 108 sqm (approx.) modern building was purpose-built for its reputable global tenant, Subway, to new-build standards just 10 years ago, so no need for an IEP report.
Subway committed to the location with an eighteen-year lease if fully exercised demonstrating its long-term intention to remain. This offers you stability and confidence in the tenant's ongoing occupancy.
Located on Normanby Road, right on State Highway 2, the property enjoys excellent exposure to both local customers and passing traffic, making it the perfect spot for a fast-food giant like Subway. Plus, with rear access via a right-of-way, there is plenty of parking and easy delivery access to keep things running smoothly.
A hassle-free, low-maintenance investment with a global brand at the helm whats not to love?

Asking Price NZ$475,000 + GST (if any)
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Anchor tenants


Reputable global tenant

Exposure


Excellent exposure right on State Highway 2.

Seismic (NBS rating)


New-build standards just 10 years ago, so no need for an IEP report

Accessibility


Rear access via a right-of-way

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