Whangarei Central - A Glittering Investment Opportunity

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Location Whangarei Central
Type Retail Property
Floor Area 366 m2
Land 148 m2
Listing No # 89924
Listed 22/03/2023
Views 93

Description

This exceptional 148m2 freehold commercial investment property is located in Whangarei's CBD and offers an outstanding investment opportunity. The property comprises 116m2 modern street level retail premises leased to a well established jewellery business. The retail area features a spacious and immaculate showroom. In addition to the retail space the property also includes a luxurious first floor, two bedroom apartment that is currently leased. The combination of the established retail lease and the high end apartment lease provider is a unique opportunity for the savvy investor.

  • 148m2 freehold central CBD property
  • Renovated to a new high standard and full compliance
  • Commercial lease - six year first term plus ROR's
  • Seismic rating 67% NBS
  • Generated net income $73,000 plus GST

Contact our agent

Ross Blomfield

M: 027 43 7 7033
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Barfoot & Thompson Ltd (Licensed: REAA 2008) - Whangarei

66 Cameron Street
Whangarei/13182 , 0110
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RealEstate Agents contact details and original listing on www.realestate.co.nz - Listed 22/03/2023

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