Mahere Papa
Kihini
Ngā Rūma Moe
An amazing double investment opportunity in one. This unique property offers 2 secure incomes nestled in the heart of the thriving Wingham community. At the front of the building a spacious, street-facing shopfront with excellent visibility and foot traffic.
Secure an approx. 6.85% Return -
55 Isabella Street (Shop)
Income: $1950.00 per month inc GST (Rent)
Commercial Lease Term: 24 month until 14/03/2026
The property is separately tenanted.
55a Isabella Street (Flat)
Income: $390.00 per week (Rent)
Outgoings: $1,309
(Water included in rent)
Residential Lease Term: 2 month until 12/08/2024
The entire building has been tastefully renovated by the current owners. Solar Power System is installed. The 2-bedroom unit is spacious with a modern kitchen & bathroom. Also offering a single garage downstairs
Investing in this property means securing a dual-income stream, offering long term secure leases on both residence and shop front returning a combined $43,680/annum provides an excellent return on your investment.
Don't miss the chance to own a piece of prime real estate with this alluring combination of business potential and residential comfort.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.46 km | 3 | 2 | -m2 | 2024 12 05 | $455,000 | Council approved | |
 | 0.39 km | 5 | 2 | -m2 | 2024 12 03 | - | Council approved | |
 | 0.74 km | 2 | 1 | -m2 | 2024 09 29 | $410,000 | Council approved | |
 | 0.51 km | 4 | 3 | -m2 | 2024 09 22 | $685,000 | Council approved | |
 | 0.47 km | 3 | 1 | -m2 | 2024 09 19 | - | Council approved |