• Freehold premises measuring 150sqm (approx. only) for sale with vacant possession
• High profile street frontage
• Previously occupied by fashion retail
• Underpinned by City Centre zone permitting construction up to 24m
• Includes bathroom, kitchenette, and a modern heat pump
55 Bank Street is the ideal opportunity for entry-level investors or owner-occupiers. Measuring 150sqm (approx. only) of gross floor area with high profile frontage onto Bank Street, a main thoroughfare in Whangārei’s CBD.
The property is for sale with vacant possession and includes a bathroom, kitchenette, and heat pump.
With a notional market rent of $30,000 net pa equating to an implied 7.5% yield 55 Bank Street is positioned as an ideal entry level investment opportunity or blank canvas for an owner-occupier.
Additional property information is available via propertyfiles.co.nz/property/1053518