14 King Street East, Te Kuiti, Waitomo

Commanding on King

•Multi tenanted - five spaces
•Excellent profile and exposure
•Potential for rental upside
•Seismic rating above minimum
If you're in search of a multi-tenanted investment opportunity with potential for rental upside, look no further than 14 King Street East. This property commands attention with its excellent profile and exposure, situated on the corner of King Street East and Taupiri Street in a thriving King Country town.
Occupying 711 sqm (more or less) of land with rear access via a service lane, the property offers a substantial 838 sqm (approx.) floor space split across five tenancies, including two on the first floor. Currently generating a total income of $48,937 per annum plus GST and outgoings, there is significant potential for rental growth through future rent reviews.
The majority of the floor area is occupied by "The Muster Bar," which features bar, gaming, and restaurant facilities, along with a designated smokers' area at the rear. Additional tenancies include a café, pre-loved clothing shop, and a professional office suite on the first floor, ensuring a diversified income stream.
With an IEP above the minimum standard and split-risk among multiple tenancies, this property offers stability and resilience. The strong industry support in the area further enhances its investment appeal. Call today to find out more about 14 King Street East.