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Iconic Site with holding income to 31 March 2025

519 Marine Drive,, Eastbourne

Investment Opportunities
dollar

Negotiation

Floor area
170m2
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Listing # CBD12627 | Listed on 13 April 2022

FOR SALE in Sunshine Bay - a small commercial investment - Challenge Service Station.

A two level building constructed in the 1930’s as a Service Station on the ground floor with a 2 bedroom apartment above in Art Deco style.
The property is zoned Hillside Residential, with the current use covered by existing user rights, and the property is leasd until 31 March 2025..
Property is leased until March 2025 with no Right of Renewal, and the net rental is $34,500pa + GST.

Check out the views, this is an opportunity to own an absolute plum site with a stunning outlook.
Asking Price is $540,000 + GST.

For Sale. For more information please email : mrodgers@cbdrealty.co.nz

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