Listing Description
Listed: Tue, 18 Mar
Split income investment. Prime CBD location
6 Gordon Street, Dannevirke, Tararua, Manawatu / Whanganui
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Capital value (CV) | $2,830,000 |
| Agency reference | DC197372 |
Description
An outstanding opportunity to secure an iconic, high-profile commercial investment in a prime CBD position. This substantial property delivers a net rental income of $212,000 + GST and OPEX, supported by established tenants and leases in place. Strategically positioned with excellent visibility, easy customer access, and generous on-site parking, the property has benefited from significant recent upgrades and renovations, enhancing both functionality and long-term appeal. Property Highlights:
- Land Area: 4,149m2 (approx.) *Total Floor Area: 2,189m2
- Zoning: Commercial Management
- Capital Value: $2,830,000 The building is currently occupied by well-known and reputable organisations including MCI & Associates Ltd, Rangitane o Tamaki Nui a Rua, Tararua Community Youth Services, and Flooring Design, with three long-term tenants providing stability and confidence for investors. The location continues to strengthen, with the newly opened Manawatu–Tararua Highway stimulating commercial activity and recent sales in the area reinforcing demand. This is a premium professional service investment in the heart of the Tararua District, an area poised for ongoing growth and development. For further information or to arrange a viewing, contact us today.
