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Tokoroa Unit 227, 227-289 Mannering Street, Tokoroa

ID CBC101860
By Negotiation

Vendor Says SELL - All Offers Considered!

• 1000m² landholding spanning an entire block
• 1150m² of versatile retail and office space
• Two established tenants + one high-quality vacant tenancy
• Two titles - available individually or together

This substantial commercial asset presents a rare opportunity to acquire a full-block site in the heart of Tokoroa, offering multiple income streams and strong future upside.
Currently leased to Waikato Bedding and Body Focus Gym, the property generates a net annual return of $45,000. The third tenancy - recently refurbished to a high standard and formerly occupied by the Ministry of Social Development - will be vacated on 23 November 2025, unlocking immediate potential to boost returns with a new occupant.
With its commanding land area, central location, and flexible configuration, the property is ideally suited for investors, owner-occupiers, or developers seeking value-add potential through refurbishment or redevelopment.
Features
Area | 1000.00m2Land | 1153 m2Rates | 16,294.29Regional rates | 875.91LV | 360,000RV | $1,660,000
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Colin MacPhee

M  021 0219 1178  P  

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