


Listing Description
Sound investment in Otaki's shopping precinct
3/3U Arthur Street, Otaki, Kapiti Coast, Wellington
Asking price $210,000
Details
Attribute | Value |
---|---|
Property use | Retail |
Capital value (CV) | $180,000 |
Agency reference | KPC14255 |
Description
Unit 3, 3 Arthur Street, Otaki, Kapiti Coast Asking price $210,000
Features: *Tenanted investment opportunity *Net rental $17,000 pa + GST and outgoings *Sought-after CBD location *Seismic rating 70% NBS
Situated proudly in Otaki's well established shopping precinct and with a stable tenant in place, Unit 3, 3 Arthur Street presents an attractive option for first time buyers and seasoned investors alike seeking consistent rental income.
Part of a 9-unit retail complex that was constructed in the 2000's, Unit 3 consists of 85 m2 (more or less) single level floor space and features a bright open entrance with front reception desk (included in the sale), a small recess/storage area and shared kitchen and toilet facilities.
Priced competitively, the property is well configured in a prime location underpinned by great connectivity to nearby businesses.
Asking price $210,000