4317 Galatea Road, Galatea, Whakatāne

Solid rural opportunity

This high-profile corner site presents a rare opportunity to secure a quality tenanted investment with strong rural fundamentals.

Anchored by RD1's Farm Source - a long-standing and trusted rural supplies retailer - this property is the only provider of its kind servicing the wider catchment, ensuring consistent customer demand and tenant stability.

The 479sqm (more or less) retail facility sits on a generous 5,005sqm (more or less) fully fenced freehold site, boasting excellent accessibility and visibility from both road frontages. Zoned Rural, the property enjoys a strategic location within a tightly held area, catering directly to the surrounding agricultural community.

Currently returning $48,000 + GST per annum, plus outgoings, the lease includes inflation protection with CPI-based rental reviews every two years - underpinning strong ongoing income growth.

This is an unmissable chance to acquire a passive investment with a national brand tenant in a location where demand is locked in by necessity and geographic exclusivity.