Fully leased building earning $25,000+GST +rates +shared insurance.
- Current RV $355,000 (Sept 2023).
- Final lease expiry date Feb 2030. Renewal in 2027.
- Tenant is willing to extend lease up to 2040.
- Located in a prominent SH2 position with high traffic flows.
- Tararua District Council has not designated this building as an EQ-prone building.
This Iconic two-story historic building of the 1910 era features a comfortable upstairs 3-bedroom flat, which includes storage, kitchen, laundry, staff toilet, staffroom area, bathroom and lounge with privacy and views over CBD. The tenant occupies a flat upstairs and utilizes the ground floor as a well-established and well-known toy and puzzle-making business, retailer, and book distribution center.
Don't miss this unique opportunity - book your private viewing now!
