Ohakune, Ruapehu

Land area: 3,033sqm (more or less) across three freehold titlesFloor area: 581sqm (approximately)Tenancy: Mix of Government and National tenants. Total of eleven (11) tenantsCarparks: Convenience of 79 onsite carparksAnnual net income: $191,722.74 + GST & outgoings Opportunity: Proven Ohakune tenanted investment with longstanding national tenants Positioned on a high-profile corner site in Ohakune's popular township, this substantial freehold property presents a rare opportunity to secure a multi-tenanted commercial investment with excellent fundamentals and genuine scope for future value-add. Spanning three freehold titles totalling 3,033sqm (more or less), the property is well-maintained and benefits from a 74% NBS seismic rating, a standout attribute within the region. Split risk with 11 tenants, including government departments and national tenants such as Ministry of Social Development, NZ Post, Westpac, Bayleys and New World (carparks), alongside a range of established local businesses that contribute to consistent activity throughout the precinct. Returning a combined net income of $191,722.74 p.a. + GST & outgoings, along with $9,676 p.a. + GST in management and maintenance recoveries. This multi-tenanted format creates a well-diversified income stream. A key point of difference is the inclusion of a north-facing serviced corner development lot, providing flexibility for future use and enhancing the overall strength of the holding. The current ownership has also enjoyed seasonal income from this area, adding another layer of benefit to the asset's profile. Properties of this calibre in the region are scarce, proven by several anchor tenants who have occupied this site since it was developed For further information or to request the full information pack, contact the agents today. Note: Lease terms and outgoings apply. Income is exclusive of GST and subject to individual lease provisions.