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Whangarei Central - A Glittering Investment Opportunity
Price | |
Location | Whangarei Central |
Type | Retail Property |
Floor Area | 366 m2 |
Land | 148 m2 |
Listing No # | 89924 |
Listed | 22/03/2023 |
Views | 88 |
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