Retail for Sale at
23-25 Maniapoto Street, Otorohanga, Otorohanga District

$595,000 + GST (if Any)

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Reap the Rewards in Pole Position

Two shops and one residential flat for sale; triple tenancy for added security with a current rental return of $41,701 + GST and outgoings. The two retail premises have dual street access from the main street and Bell Lane, at the rear of the buildings. They have also undergone seismic upgrades, and various other refurbishments and modernisations which improve form and function for tenants.

In a prime position in the main street of Otorohanga, the property consists of two separate tidily presented retail premises and loyal leasees keen to continue their lease. Further, a two bedroom flat at the rear of the buildings is also currently rented, with a tenant keen to remain in place.

The buildings are opposite the busy Mitre 10 and gym, and across the street from the accountants offices and Otorohanga District Council buildings. Neighbours are the i-Site, chiropracter's office, Paper Plus and the popular O Cafe. Location is key, with plenty of foot traffic in the bustling rural town that is highly supportive of local businesses.

Please contact the Vendors' sole agent Lorraine Fox, 027 6644087, for your appointment to view or enquire. Please do not enter any premises to view unless by prior arrangement with the agent.

23-25 Maniapoto StreetOtorohanga WKTO-CRMNDL 3900 NZ
-38.185865 175.211807

Property features

Agent Reviews

Jenny and SJ

We felt very lucky to have Lorraine as our agent during the recent sale of our mother's house in Otorohanga. Professional and efficient - check. Clear communication - check. Honest and thorough information and advice - check. Empathetic when dealing with us - check. Respectful of our mother's needs - check. Patient with our practical constraints and decision making - check. Going above and beyond with practical support - check. It was a quick and hassle-free sale. There is nothing Lorraine could have done better.
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Amber and Te Hurinui

Lorraine is great! Extremely helpful and very easy to work with which made our process so much easier & less daunting. Thanks Lorraine!

Cat and Alex

Lorraine is the sole reason we live in our dream house now. We were two first time NZ house buyers with no idea how to go about buying a house. Lorraine took us through all of it, explained everything for us, kept us really well informed and just always went over and above for us. She answered our many many stupid questions and supported us through everything. Now we live in a home we love and she continues, even now, to come to our rescue with answers to our still stupid questions.

Chrissie and Dereck

Lorraine was incredibly helpful and very kind and went above and beyond in helping us buy our new home. She is a fantastic real estate agent.

Raewyn

Lorraine was always supportive and talked you through anything that came up.

Bradley and Amy

Right from the moment we showed interest in the property Lorraine was amazing. She answered all our questions and was always happy to help where she could. She made the whole process very stress free.

Paul

Lorraine was very helpful and conscientious.

Scott

I was a Ray white sales person for a number of years so know the company. This time I became aware through the purchase of a property marketed by Lorraine Fox. Being new to the area I consider myself lucky to have meet Lorraine Fox as the agent for the property I purchased. She went above and beyond.

Shirley

Lorraine is a very professional and knowledgeable real estate agent. She kept in contact and provided information freely. She was so easy to get along with and made our journey a pleasant experience.