50-52 Maniapoto Street Otorohanga, Otorohanga District

Bank deposit rates are tumbling. This is your chance to enjoy passive income return at a generous asking 8.9% yield. Vendors want sold!

This premier commercial property located in the heart of Otorohanga, the Kiwiana capital of New Zealand, features two tenancies, solid construction and sits proudly with strong visibility, ample road frontage parking and is on route to one of New Zealand's top tourist destinations - the Waitomo Caves.

Long-standing tenants Kiwiana Crafts and Little Scissors.

Rental $62,040 p.a. + GST + outgoings

This is a dependable commercial holding in the heart of a thriving service town, providing immediate income, ideal for investors seeking passive income.

Seldom do commercial buildings of this quality and yield come to the market.

Don't let this opportunity slide by - call now!

Asking $695,000 + GST (if any).

https://rwotorohanga.co.nz/OTO30360