218-228 Songer Street is situated in the tightly held Nelson region with excellent long-standing tenants, the Turf Hotel and Turf Liquorland. This iconic corner site occupies 3,512m2 of suburban-commercial zoned land on the corner of Main Road Stoke and Songer Street, Stoke, Nelson. This appealing commercial investment has a winning combination of desirable location, healthy long-term leases and a total combined annual net income of $322,521 + GST + OPEX.
- High profile corner location
- $322,521 net annual income
- 10 year WALT
- Two yearly rent reviews
- Four bedroom residential tenancy
- Drive through access and ample parking
Freehold commercial investments of this nature are seldom available, act now to secure your investment in the high growth Nelson Tasman region.
For Sale- Price by Negotiation.