Listing #:1313919311

OUTSTANDING FREEHOLD INVESTMENT

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Location: Kamo, Whangarei, Northland
Property use: Office
Floor area: 1,226m2
Price: Asking price $3,375,000 + GST (if any)
A three level 1,700m² commercial office complex with 35 on-site car parks in a handy location within Whangarei City.

The two freehold lots both have road frontage and good easy access, adjoining a public car park. The complex is generating a net annual income of $270,000 plus GST and the Government funded tenant (DHB) has occupied the premises since May 2010. The current lease is extended to 30 April 2019.

Seldom does the opportunity to purchase an investment property, offering an 8% return, priced to meet the market arise.

• 1,800m² freehold - two titles
• Two street frontages with on-site car parking - 35 cars
• Three level 1,700m² office complex
• Current net rental income $270,000 plus GST
• Priced to sell at $3,375,000 plus GST (8% investment return)
• Contact Ross for all investment details
• View Video Online

Agency reference #: 74723
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Asking price: $3,375,000 + GST (if any)
Listed: Sat 29 Apr, 10:41 am
Ross Blomfield
Barfoot & Thompson MREINZ Whangarei , (Licensed: REAA 2008)
  • Contact details
  •  (027) 4377033

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Agent's details

Ross Blomfield
  •  (027) 4377033
Barfoot & Thompson MREINZ Whangarei , (Licensed: REAA 2008)
(09) 4383079
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Expires: Tue 6 Nov, 3:04 pm
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