Platinum Partner
Listing Description
Listed: Mon, 20 Jul
SECURE COMMERCIAL INVESTMENT
36 & 38 Matthews Ave, Kaitaia, Far North, Northland
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Capital value (CV) | $1,220,000 |
Description
An outstanding opportunity to acquire a high quality fully leased commercial investment with great lease terms. One building being occupied by a long-term tenant for over 10 years. The location has high exposure and profile in a light industrial trade strip, which will always be in hot demand.
Three separate commercial buildings, occupying approximately 2,852m2 freehold site, each building leased to separate tenants.
Features: Building One - 535m2- Retail (Motion Spanhake Engineering) Building Two - 258.5m2 - Office's (Department of Internal Affairs) Building Three - 314m2 - Showroom, Workshop and Storage (Novus Glass)
Net annual return over $122,000 plus GST and outgoings.
This is an excellent passive investment with future upside potential. A great long-term hold for any astute investor looking for dependable long-term returns.
$1,800,000 plus GST (if any).
Contact Carla Yates on 027 483 3612 or Gary Steed on 027 414 1725 for a viewing or more information.
Property Files
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Request the files from Carla.