29-33 Gala Street, Invercargill represents a quality opportunity to purchase a fully leased office investment, anchored by a Government tenant, in the Invercargill CBD.
This property offers an approximate net yield of 9% on asking price.
Boasting leases to the Ministry of Social Development, Insurance Brokers Alliance, KM Mechanical Limited and various car parks Tenants, the diverse income streams of this quality property are sure to appeal.
The property benefits from excellent on-site car parking has recently been assessed at 80% NBS (Hadley & Robinson DSA dated September 2024), and has a good standard of fit-out throughout.
Quality properties such as this with such desirable features are seldom available on the open market.
For Sale at $4,975,000 plus GST (if any) - providing a net yield of approximately 9%!
Contact one of our brokers for more information.
