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Opportunity In Wainuiomata

6 Queen Street, Wainuiomata

Retail Property
dollar

Negotiation

Floor area
300m2
Land area
186m2
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Map

Property details

Listing # JO27494 | Listed on 13 April 2022

With a sitting tenant this may be your opportunity to enter the commercial property arena or add to your portfolio. With a year to run on the existing lease plus two, three year rights of renewal you do the maths and make an offer. Annual rent reviews will keep you on top of everything. A rental valuation has just been undertaken and a copy of this is available on request. The valuer stated that having separate access for each level would help lift the rent achievable. 6 Queen St is a two level building with the existing tenant having the right to accommodate upstairs and this area offers a spacious one bedroom unit. Ground floor area offers a space of approx 150m2 and the location will be hard to beat. RV $510,000

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