Proven Rural Investment with a Fresh Rental Uplift
Positioned in the heart of New Zealand's thriving agricultural sector, this hands-off investment offers a rare opportunity to diversify your earnings beyond the farm. Fully leased to a trusted industry leader with over two decades of continuous tenancy, this property delivers the reliable, long-term returns that smart investors in the rural community value.
The tenant has recently accepted a new rental of $91,055 p.a. + GST, a clear signal of their commitment to this prime location on State Highway 2, where the property enjoys excellent visibility and dual access. Neighbouring anchors including Mitre 10, New World and the Pahiatua Medical Centre place this asset within a well-established commercial hub.
Key Investment Highlights:
Net Rental: $91,055 p.a. + GST (newly agreed, up from $86,975)
Building: 635sqm of premium space on 2,039sqm of land
Construction: High-quality steel and concrete structure, 70% NBS
Lease: Next renewal 2027; same tenant since 2004
This is your chance to secure a solid foundation for future growth with an investment that understands the rhythm of rural New Zealand's economy.
For further information and to obtain copies of supplementary documents, please register your details at:
www.propertyfiles.co.nz/property/52MainStreet
The tenant has recently accepted a new rental of $91,055 p.a. + GST, a clear signal of their commitment to this prime location on State Highway 2, where the property enjoys excellent visibility and dual access. Neighbouring anchors including Mitre 10, New World and the Pahiatua Medical Centre place this asset within a well-established commercial hub.
Key Investment Highlights:
Net Rental: $91,055 p.a. + GST (newly agreed, up from $86,975)
Building: 635sqm of premium space on 2,039sqm of land
Construction: High-quality steel and concrete structure, 70% NBS
Lease: Next renewal 2027; same tenant since 2004
This is your chance to secure a solid foundation for future growth with an investment that understands the rhythm of rural New Zealand's economy.
For further information and to obtain copies of supplementary documents, please register your details at:
www.propertyfiles.co.nz/property/52MainStreet
Key features
Floor area details
Modern shed of 635sqm on 2,039sqm of land
Rent review
Fresh 3 year renewal from July 2024
Passing income
Net rental $93,175pa + GST
Occupancy
Strong national tenant - Farm Source
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