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Marlborough Real Estate 2008 Ltd, (Licensed: REAA 2008)

73 Cleghorn Street, Redwoodtown

Price by negotiation

Listing Description

Listed: Mon, 24 Mar

Affordable Commercial Investment: Land & Buildings

73 Cleghorn Street, Redwoodtown, Blenheim, Marlborough

Details

  •   131m² Floor
  •   146m² Land
AttributeValue
Property use
Retail
Capital value (CV)
$365,000
Agency reference
BL38258

Description

Seize this exceptional opportunity to enter the commercial investment market with a high-performing property in the heart of Redwoodtown's bustling shopping district.

This well-positioned retail space is home to a successful and well-known hairdressing tenant, ensuring stability and strong rental returns. With a 7.5% nett yield, this investment offers impressive returns in a sought-after location.

With interest rates on the decline, now is the perfect time to secure a high-yielding commercial asset. Lower borrowing costs enhance the attractiveness of this strong return, making it an ideal time to invest.

Redwoodtown is a thriving retail hub with high foot traffic and excellent visibility, making this property a smart choice for investors seeking long-term growth and security.

Don't miss out on this hassle-free, income-generating asset in one of the region's most reliable commercial precincts.

Don't delay, call Dave or William today!

Price by negotiation plus GST if any


Property Files

David Searle

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Marlborough Real Estate 2008 Ltd, (Licensed: REAA 2008)

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