Sold
5794 South Road,
Rahotu, South Taranaki District
NZD 247,000
Property details
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Agents
Ray White New Plymouth: Taranaki Real Estate Limited Licensed (REAA 2008)
219 Devon Street East, New Plymouth New Plymouth District 4310
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One Stop-Shop in Rahotu - High Income stream!
This commercial building is prominently positioned in the heart of Rahotu, along State Highway 45 between Opunake and New Plymouth.
It is currently tenanted by Super Mart - the only supermarket of its kind in the locality - catering to the surrounding community as well as commuters travelling to and from Opunake and New Plymouth.
The property sits on a freehold title comprising a total land area of 1,012 sqm (approx) and includes a building footprint of 340 sqm (approx). The floor plan is well designed for operational efficiency, with a spacious main shop area, multiple storage rooms, kitchen area, safe room, multiple sky lights and an elevated office providing a panoramic view of the shop floor.
The tenant returns a net income of $39,900 pa + GST and outgoings, with a current lease term of six years in place along with three rights of renewal of six years each i.e. 14 August 2029, 14 August 2035, 14 August 2041.
Rahotu is a charming community situated in the western part of Taranaki, New Zealand. Conveniently positioned along State Highway 45, it is located just 16 kilometers north of Opunake and 11 kilometers south of Warea.
Buyer Enquiry Over $175,000 + GST (if any)
For more information or to arrange an inspection contact: Jijo John 027 421 2814, jijo.john@raywhite.com
Features:
• Anchored by supermarket tenant
• Total net annual return: $39,900 + GST + outgoings
• The only supermarket in the area - the community's main shopping destination
• Land area: 1,012 sqm (approx)
• Foot print area : 340 sqm (approx)
• The current lease term is for six years with renewable options
DOWNLOAD FILES: www.rwnewplymouth.co.nz/NWP30933 scroll down to bottom to see list of available documents.
*NOTE: Any technical info provided sourced from RPNZ, Property Guru and Council etc, are broad guides for general information only. We recommend you seek your own independent advice on everything material to your purchasing decision.
It is currently tenanted by Super Mart - the only supermarket of its kind in the locality - catering to the surrounding community as well as commuters travelling to and from Opunake and New Plymouth.
The property sits on a freehold title comprising a total land area of 1,012 sqm (approx) and includes a building footprint of 340 sqm (approx). The floor plan is well designed for operational efficiency, with a spacious main shop area, multiple storage rooms, kitchen area, safe room, multiple sky lights and an elevated office providing a panoramic view of the shop floor.
The tenant returns a net income of $39,900 pa + GST and outgoings, with a current lease term of six years in place along with three rights of renewal of six years each i.e. 14 August 2029, 14 August 2035, 14 August 2041.
Rahotu is a charming community situated in the western part of Taranaki, New Zealand. Conveniently positioned along State Highway 45, it is located just 16 kilometers north of Opunake and 11 kilometers south of Warea.
Buyer Enquiry Over $175,000 + GST (if any)
For more information or to arrange an inspection contact: Jijo John 027 421 2814, jijo.john@raywhite.com
Features:
• Anchored by supermarket tenant
• Total net annual return: $39,900 + GST + outgoings
• The only supermarket in the area - the community's main shopping destination
• Land area: 1,012 sqm (approx)
• Foot print area : 340 sqm (approx)
• The current lease term is for six years with renewable options
DOWNLOAD FILES: www.rwnewplymouth.co.nz/NWP30933 scroll down to bottom to see list of available documents.
*NOTE: Any technical info provided sourced from RPNZ, Property Guru and Council etc, are broad guides for general information only. We recommend you seek your own independent advice on everything material to your purchasing decision.
Explore the area
School catchments
- Rahotu School Full primary Years 1-8 State 0.26km
- TKKM o Tamarongo Full primary Years 1-8 State 14.2km
- Opunake High School Secondary Years 9-15 State 14.3km
- Opunake School Full primary Years 1-8 State 14.3km
- St Joseph's School (Opunake) Full primary Years 1-8 State integrated 14.4km
- Coastal Taranaki School Composite Years 1-15 State 16.4km
- Oakura School Full primary Years 1-8 State 26.7km
- Auroa School Full primary Years 1-8 State 27.0km
- Green School New Zealand Composite Years 1-15 Private 27.1km
- Kaponga School Full primary Years 1-8 State 31.7km
- Ōmata School Full primary Years 1-8 State 31.9km
- St Patrick's School (Kaponga) Full primary Years 1-8 State integrated 31.9km
- Frankley School Primary Years 1-6 State 34.1km
- Spotswood Primary School Primary Years 1-6 State 34.5km
- Te Pi'ipi'inga Kakano Mai I Rangiatea Composite Years 1-15 State 34.6km
- Spotswood College Secondary Years 9-15 State 34.8km
- Francis Douglas Memorial College Secondary Years 7-15 State integrated 34.8km
- Marfell Community School Primary Years 1-6 State 34.9km
- Te Kura o Nga Ruahine Rangi Composite Years 1-15 State 38.1km
- Inglewood High School Secondary Years 9-15 State 38.3km
- New Plymouth Boys' High School Secondary Years 9-15 State 38.3km
- New Plymouth Girls' High School Secondary Years 9-15 State 39.3km
- Sacred Heart Girls' College (N Plymouth) Secondary Years 7-15 State integrated 39.9km
- Taranaki Diocesan School for Girls Secondary Years 9-15 State integrated 41.1km
- Stratford High School Secondary Years 9-15 State 42.4km
- Te Paepae o Aotea Secondary Years 7-15 State 49.6km
- TKKM o Ngati Ruanui Composite Years 1-15 State 50.4km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Jijo John
5794 South Road, Rahotu 4681
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Jijo John
5794 South Road, Rahotu 4681