• Asking price $5,100,000 + GST (if any)

• Diversified income stream from multiple tenants
• Total net rental $252,640pa + GST and outgoings
• Low maintenance building includes new roof
• Earthquake rating 100% NBS (A-Grade)
• Potential future re-development

An excellent opportunity for an astute investor to secure a two-level building that comprises retail, showroom, office and warehouse accommodation providing an income stream across multiple tenants. With the roof recently replaced, and along with an earthquake rating 100% (A-Grade) of the NBS the building has proven to be low maintenance since it was extensively refurbished a few years ago.

The future re-development angle is a new owner can benefit from the current resource consent for apartments to progress this opportunity further if they wish. Overall, an established commercial area comprising a mix of commercial and light industrial uses in a tightly held area and with low vacancy rates this opportunity will appeal to all investors.