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New lease with excellent yield expected

53 Clyde Street , Invercargill

Industrial Buildings
gavel

Auction

Floor area
920m2
Land area
1012m2
Title type
Freehold
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Map

Property details

Listing # 1903166 | Listed on 13 April 2022

Key features:

  • Front showroom 215.3sqm (more or less)
  • Office and amenities 84sqm (more or less)
  • Mezzanine 57.8sqm (more or less)
  • Workshop 254.6sqm (more or less)
  • Showroom 524.40sqm (more or less)
  • Current IEP of 75%
  • Business Three Zoning with possible future development opportunities

An outstanding opportunity to own a stand-alone building in a well established Invercargill city precinct on the edge of the City's CBD district and only five minutes from the airport. Invercargill City is the business centre of Southland, a region that has remained very strong through recent times, and is connected with direct flights from the other main New Zealand centres. Ideal move for a current residential investor looking for a high yield and tax deductibility.

For more information please contact:

Ben Bayley

021 537 503

ben.bayley@bayleys.co.nz

Michael Frecklington

021 029 67031

michael.frecklington@bayleys.co.nz

Chris Bayley

021 899 863

chris.bayley@bayleys.co.nz

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