61 Belmont Road, Paeroa, Hauraki

Chop the tenants or renegotiate leases -For Lease

• Corner location with an excellent profile
• IEP above the minimum standard
• Established butchery
• Exposure to the main street location

Discover an exceptional opportunity for investment in the bustling township of Paeroa. Presenting 61 Belmont Road - a tenanted corner site that offers an entry-level or add to portfolio investment.

With two tenants in situ, there is the opportunity to extend or run out the current leases depending on one's requirements. As an owner occupier, this could be the perfect location for your business with its high-profile main street exposure or work with existing tenants to maintain a passive income flow. The IEP rating is above the minimum standard at 35% on this 1950s-constructed building. Split into two spaces with the larger potion utilised by "Burtons Butchery" along with the rear yard and shedding. Two front entrances give both tenants a profile coupled with street front windows to maximise exposure.

Paeroa has some significant developments underway with large-scale residential development and a multi-stage retirement village. Known for its central position and affordability Paeroa has become increasingly popular with those looking to relocate from the regions.

Whether you're looking to invest in a property with long-term potential or are looking for a prime location for your own business, our corner property is a must-see. Contact us today to arrange a viewing and take the first step toward securing a commercial investment property.