ā¢400sqm (more or less) commercial-zoned land
ā¢Ideal location for tenant
ā¢Modern well-presented building
ā¢Returning $28,750 pa +GST and outgoings
19a Allen Street in Morrinsville offers a modern, low-maintenance building on 400sqm (more or less) of commercial-zoned land, presenting a stable investment opportunity. Currently tenanted by āSenztag Limitedā on a two-year lease with renewal options, the property generates $28,750 per annum +GST and outgoings, providing reliable returns for investors.
The building includes three office spaces, a full kitchen, a bathroom, and an open-plan boardroom. There's also a rear patio for staff breaks and disability access at the front, ensuring flexibility for a range of professional tenants. Onsite parking is available at the front and rear, accommodating both staff and deliveries.
Located down a quiet right of way, with an optometrist nearby, this property offers privacy without sacrificing accessibility. As Morrinsville continues to grow as a commercial hub, this property promises both immediate returns and long-term potential, making it an excellent option for mum-and-dad investors and seasoned buyers alike. Contact us today to secure 19a Allen Street and start enjoying reliable returns.
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