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Cambridge

15 Carters Crescent, Cambridge, Waipa

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706sqm Land area SQM
300sqm Floor area

Entry level commercial property in Cambridge


•Tenanted investment
•Three (3) year lease term
•Potential rental growth in future

Seize the opportunity to secure this small industrial gem in burgeoning Cambridge. It promises excellent potential for growth and return on investment and comes with a reputable tenant already in place.

The property has a seismic rating of 40% NBS and with the recent zone change to mixed-use commercial exciting possibilities exist for future development, such as showroom or first floor residential space. Smart investors will see opportunities to increase the current $37,500 + GST + OPEX per annum return through rental growth in coming years.

The property is close to the Thermal Explorer Highway and SH 1 in a town poised for significant population and economic growth. Over half of new Waipa residents are expected to call Cambridge home by 2051.

This commercial investment positions investors at the front of growth.

For more information or to arrange a viewing, contact Willem Brown.

Asking Price NZ$675,000 + GST (if any)
Willem Brown

Willem Brown

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


On Carters Flat

Floor area details


300sqm (more or less)

Zoning


Recent zone change to mixed-use commercial

Opportunity


Excellent potential for growth and return on investment