đą Coming Soon â MJ Commercial Tokoroa Project
Address: 71â75 Ashworth Street, Tokoroa 3420
MJ Commercial is proud to announce the upcoming settlement of our newest acquisition â 71â75 Ashworth Street, Tokoroa, secured through Bayleys Real Estate. This landmark property offers a superb South Waikato opportunity and will soon become part of MJ Commercialâs growing portfolio of high-quality investment and redevelopment projects.
About the Property
Previously owned and occupied by Te WÄnanga o Aotearoa, the property has been repurposed for education over the past 20 years and is now ready for a new chapter.
A vendor leaseback of 595sqm provides immediate income security, while the remaining areas present an excellent opportunity for redevelopment and value-add investment.
Set on 1.7634 hectares, the main building spans 3,110sqm, featuring a quality reception, offices, classrooms, six vacant accommodation rooms, a commercial kitchen, and a large conference space â offering flexibility for future uses.
Additional buildings currently used as an office and gym are included, with expansive parking and yard space ideal for future development potential.
Once the iconic âTimberlands Hotelâ, this property holds a unique place in Tokoroaâs history and now begins a new era with MJ Commercial.
Stay tuned for updates on our redevelopment and leasing plans
