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Property Brokers Kapiti Coast, (Licensed: REAA 2008)

52-56 Oxford Street, Levin

Deadline sale by 10 Jul

Listing Description

Listed: Wed, 11 Jun

Exceptional multi-tenanted investment opportunity

52-56 Oxford Street, Levin, Horowhenua, Manawatu / Whanganui

To be sold by deadline sale (by 10 Jul)

Details

  •   980m² Floor
AttributeValue
Property use
Retail
Capital value (CV)
$340,000
Property ID#
JFU589
Agency reference
KPC201433

Description

52-56 Oxford Street Levin, Horowhenua For Sale by Deadline Private Treaty (unless sold prior) 1pm 10th July

*Split-risk investment across six income streams *Combined total income of $80,832.39 per annum with option to add additional circa $30,000 *Prominent location on Oxford Street *Floor area 980sqm (approximately) split over 2 levels

Positioned on the south side of Levin’s thriving CBD, 52-56 Oxford Street is a premium multi-tenanted investment property. With its prominent location and broad tenant mix, this property offers both stable income and add-value or owner-occupier potential.

The property comprises a total floor area of 980 sqm with 3 separate retail premises on the upper level that front busy Oxford Street. Each are approximately 200 sqm.

On the front facade of the building above the verandah, QMS NZ Media lease signage rights

The lower level is accessed by a rear service lane and comprises a number of newly constructed storage bays and are occupied by a variety of businesses who require safe and secure storage facilities.

52-56 Oxford Street currently returns $80,832.39 per annum plus GST/OPEX with scope to increase the net rental income to over $110,832.39 by leasing the remaining vacant space.

With retiring vendors motivated to sell, this is a rare opportunity to secure a prime asset in a thriving town.

For more information and to arrange a viewing please contact us.


Property Files

Mark Blood

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Property Brokers Kapiti Coast, (Licensed: REAA 2008)

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