Lights, Camera, Action!

- Tokoroa Cinema makeover completed. Time to offer back to the market
- Land and buildings offered, with current tenant in place
- Freehold corner title with council carpark right next door
- Current tenant, now an established cinema operator, paying $55,000pa net plus GST
- Significant site investment by both owner and tenant
- Definite upside here
- Extensive chattels list part of the sale
- 610sqm floor area on 1,013sqm of land (more or less)
- Location close to town so be part of the Tokoroa CBD upgrade
Situated on the corner of Logan and Mannering Streets in Tokoroa. This location is literally a stone's throw from the Town Centre, and has a council carpark right next door.
Tokoroa is going through something of a renaissance with a Town Centre upgrade development well underway.

This is one of those feel-good stories of a new owner and tenant working together on a plan to make the business work. In this case a cinema is the business. Both the business and the property itself needed some urgent attention. Significant time, effort and money have turned things around. The future for the property is bright, with potential upside for a new owner. Here's your chance to take advantage of all the hard work and own this unique property. Inspections are recommended. Information Memorandum is available upon request.

Read More Read Less

Main Property Features

Listing Number: HCM24757

Approx Floor Area:
610 sqm
Land Size:
1013 sqm
Property Type:
Other (Cinema)
Property Details:
Tenanted Investment
Commercial information
  • Zone: Commercial under the South Waikato District Scheme
Read More Read Less

Licensed REAA 2008

Your enquiry has been sent. Thank you.

Harcourts Hamilton Commercial

Monarch Commercial Limited

Licensed REAA 2008

Cnr Victoria & London Streets
Hamilton
Office website or View office details

Property Location