Now leased to new tenants, so you can expect an immediate return on your investment.
This building has a huge main street retail window space plus access at the back service lane, with car parks. Huge scope right here with a prime position and a vendor who will look at all offers.
Yes at this price it has a low NBS rating, so its priced at land value with a built in hefty discount for the new owner to sort the seismic strengthening, or just demolish the lot and create 3+ new retail spaces and add even more future value with offices above.
Exceptional profile in the main street with the bonus of stretching all the way back to the rear service lane, which offers substantial private parking for your tenants. A floor area of 350 sqm and land area of 808 sqm.
Tenants snapped up the larger building which already has heat pumps, store rooms, excellent access off the service lane, for loading goods and car parking plus a covered carport at the back door for inwards goods.
Office, staff room and toilet, 2 changing rooms, plus additional mezzanine space. Excellent high profile location.
New lease in place til 2028, so a perfect time to look ahead to expand your business or add to your commercial investment portfolio.
Show Room 280sqm sqm includes service areas approx.
Storage 70sqm approx
Total Building area 350sqm approx.
2011 Resource Consent 110002
Create Right Of Way Sec 348 Issued
Erect attached shelter Permit issued 06-08-1976
Shop window replacement Permit issued 29-09-1970
Shop alteration Permit issued 24-08-1970
Extension to rear lean-to Permit issued 30-09-1969
Repair/restore shop front & verandah Permit issued 23-09-1966
