An opportunity to own a high profile investment property in central Whangarei built around 1910, currently fully leased and with the seismic upgrade having been completed.

Neatly divided between ground floor retail and first floor residential, this investment offers a net annual rental of $111,070.34.

Commercial rates and outgoings are 100% recovered.

Residential rates of $4,239.78 are unrecovered.

Priced to provide a 7% return on investment.