Property listing ID: 4119624
Positioned on a high-profile 1.84-hectare Freehold site in the heart of the Edgecumbe plains, Riverslea Mall offers an exceptional split-risk commercial investment returning $354,412.32 + GST net per annum across 17 income streams. Anchored by long-term tenants SuperValue and Peppers Building Supplies, this 6,129m² footprint serves as an indispensable hub for the local township and surrounding farming communities. INVESTMENT HIGHLIGHTS: • 1.84 ha land area with a 6,129m² total building footprint • 16 primary physical tenancies plus ancillary infrastructure income (ATM site) providing built-in risk diversification • Anchored by SuperValue and Peppers Building Supplies, driving steady daily foot traffic • Three major road frontages along College Road, Rata Avenue, and State Highway 2 (Bridge Street) • Expansion capacity to grow to 20 full tenancies by leasing the remaining vacant shop spaces Commercial properties of this scale and diversification rarely come to market in the Eastern Bay of Plenty. Secure a robust income stream with strong long-term growth fundamentals.
Listed by Barfoot & Thompson , Justin Lowe (City Commercial)