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Description: 43 Main Street, Gore presents a compelling opportunity to acquire a well-positioned commercial asset with a proven occupancy history and strong tenant appeal.
The property has been occupied for many years by La Hoods Pharmacy, a highly recognised and regarded local business, alongside a complementary beauty tenancy on the first floor. Together, these occupants provide consistent foot traffic and reinforce the property's role within the local retail landscape and community.
The vendor's family own the pharmacy, which has been in the family for an extended number of decades, and the family also used to be involved in the ownership of the beauty business. The owner is actively securing new long-term lease agreements with both tenants, providing incoming investors with the benefit of strengthened tenure and future income certainty. This proactive approach enhances the investment profile and underpins the property's long-term appeal.
Situated on Main Street, Gore's primary retail thoroughfare, the property enjoys excellent exposure and accessibility within the town centre. Its central location supports ongoing tenant success and positions the asset to benefit from steady local trade.
Assets offering a combination of established tenants, central positioning, and the prospect of renewed long-term leases are tightly held in regional markets. 43 Main Street represents a solid and attractive investment, delivering both continuity and future security.
Property Highlights:
• Site area of 237m²
• Zoned Mixed Use
• Total annual net rental of $162,627 plus GST
• Situated in a profile position on Gore's main street/SH1
• Earthquake assessment of 35% NBS
• A rare opportunity to purchase a quality tenanted property in proven position
• Long term leases in place to established tenants
For sale at an asking price of $2,000,000 plus GST (if any)
Contact the nominated broker for more information.
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