Washdyke, Timaru

NEW LEASE and LEASE EXTENSION - remains fully tenanted.Positioned prominently on State Highway 1, this high-profile property offers exceptional exposure and a rare opportunity to secure a modernised, multi-tenanted commercial investment in one of Timaru's key commercial corridors.The property comprises six well-presented tenancies, supported by a strong and diverse mix of occupants. Each tenancy is of a practical and desirable size, appealing to a broad range of business uses and ensuring consistently strong demand and low vacancy risk. Proven by the recent demand to re-let one of the spaces The property generates a total annual income of $208,400 plus GST, delivering a reliable and attractive return for investors.Recent upgrades have enhanced the overall presentation and functionality of the buildings, providing tenants with a clean, contemporary environment while minimising near-term maintenance requirements for owners.151-155 Hilton Highway stands as a proven passive investment, combining excellent visibility, modern improvements, and a stable, diversified income stream from six manageable, well-established tenancies