Listing #:1333378951

Commercial Investment Opportunity

Location: 8 Opawa Street, Blenheim Central, Blenheim, Marlboroug­h
Property use: Industrial
Floor area: 410m2
Land area: 1000m2
Rateable value (RV): $600,000
Price: Price by negotiatio­n
If you are looking for a first commercial investment or wanting to add to your portfolio this entry level investment may suit you.
3 Tenancies on one site
Front Tenancy Rental $22,000 + GST + Outgoings Lease term 5 Years form 2018 Plus rights of renewal.
Middle Tenancy Rental $9,500 + GST + Outgoings Lease term 3 years form 2018 Plus rights of renewal.
Rear Tenancy (vacant) Assessed Rental $14,000 + GST Plus Outgoings approx. 140sqm office , showroom and storage/ workshop including free standing Garage. Currently available for lease.
R.V: $600,000
Total Land area 1000sqm
This site could work well for an owner operator wanting run their business from Rear Tenancy and having income from the front units.
For full details contact Geoff 0274 491-575 or email geoff@firstnational.co
INTERNET ID: MSC21542

Agency reference #: MSC21542
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Price by negotiation
8 Opawa Street, Blenheim Central, Blenheim, Marlborough
Price by negotiation
Listed: Thu 25 May, 5:08 pm
Geoff Dentice
First National Marlborough Ltd, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 5788059
  •  (027) 4491575

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Agent's details

Geoff Dentice
  •  (03) 5788059
  •  (027) 4491575
First National Marlborough Ltd, Licensed Agent (REAA 2008)
(03) 5788059
Log in or register to email the agent.
Expires: Mon 8 Oct, 10:07 am
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