236 Main Road, Tairua, Thames-Coromandel

A hold in Tairua

•Nett income $109,808pa + GST & outgoings
•Four income streams
•Main road exposure
•Rear service access
Positioned on Tairua's main road, State Highway 25, this single-level commercial property offers a balanced investment suited to long-term ownership in a tightly held coastal township.
The building accommodates four individual occupancies, providing split income and reduced reliance on any single tenant. Occupation has evolved over time, reflecting steady demand rather than turnover, with tenants tending to remain once established. The property benefits from clear main road profile, servicing both local trade and seasonal activity. Rear service lane access supports day-to-day operation with ample tenant parking without compromising street presence.
Constructed in the 1970s, the building presents as a straightforward, well-presented asset with a reported 55% IEP rating, supporting continued commercial use. Net rental income totals $109,808pa + GST and outgoings, with additional fixed management fees payable by tenants under existing arrangements.
Commercial property in Tairua is closely held and infrequently traded. This asset will appeal to family trusts and long-term investors seeking dependable income with flexibility to reassess or reposition over time.