Listing #:1413207924

RETAIL INVESTMENT IN TEMUKA

Location: 99 - 1 King Street, Temuka, Timaru, Canterbury
Property use: Retail
Floor area: 500m2
Land area: 1118m2
Price: Enquiries over $500,000
Parking: 15 open parking
RETAIL INVESTMENT—SELDOM AVAILABLE—SOUND TENANT IN PLACE
Land Area: 1118 m2
Floor Area: Ground Floor: 420 m2 (more or less) plus upstairs additional.
NBS: Assessed at 34% of current National Building Standard after completion of strengthening.
Zoning: Commercial 1
Parking: Access from Vine St (S.H.1) at rear of premises. Multi car parking.
Current Lease: Rental: $47,454 pa + GST + outgoings. Term: Final expiry 31 January 2026 if r.o.r. exercised
Rates: $4,644.62 (2017-2018)
R.V. Capital Value (as at 1/9/17): $530,000
Offers over $500,000 considered (9.5% return approx).

Agency reference #: 377
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Enquiries over $500,000
99 - 1 King Street, Temuka, Timaru, Canterbury
Enquiries over $500,000
Listed: Fri 8 Sep, 11:07 am
Peter Wilson AREINZ
Reid & Wilson First National MREINZ, Licensed Agent (REAA 2008)
  • Contact details
  •  (027) 4765329

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Agent's details

Peter Wilson AREINZ
  •  (027) 4765329
Reid & Wilson First National MREINZ, Licensed Agent (REAA 2008)
(03) 6884084
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Expires: Sat 15 Dec, 12:09 pm
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