This high return property is for sale, Enquiries around $235,000 plus GST (if any) considered.
This iconic property has been refurbished throughout. The inside has a professional wood finish. It is in a dominant position on the main street, with effective signage.
The Al Centro Restaurant is the only dine and dance restaurant in Taihape.
The property is wired with 3-phase power, as well as having a gas-bottle power system.
There are toilets for staff and for customers, as well as an office.
There is an effective new tenant in place. Rent at the above selling price gives a return on investment of above 11%. 3 years ending 2022 plus 3 renewals of 3 years each.
For further information, please contact your agent