Situated in a busy area along the main street of Wairoa, a provincial town in Northern Hawkes Bay. Previously Gemmels, a department store for 40 years, this 500m2 commercial property now has two tenants in place. Canton Takeaways has been operating out of this site for around 20 years, and Angela has no intention of hanging up her apron any time soon. A locally owned retail business operates in the larger part of the building. There is dedicated parking to the rear of the building, and public parking to the rear and front of the building.
With a current RV of $230,000 and an asking price of $200,000, against an annual return of $26,160 (excluding), the figures stack up well.
Plus GST (if any).