Listing #:613838738

LARGE COMMERCIAL DEVELOPMENT SITE WITH HOLDING INC

Location: 50 King Street, Temuka, Timaru, Canterbury
Property use: Hotel/Leis­ure
Land area: 3078m2
Price: Asking price $475,000
Property ID#: DHS015
Consider the possibilities here Long term investment opportunity. Temuka Main Street
Site comprises four titles - offering 3078 m2 with wide frontage to King Street.
Existing lease returns 8.5% to 10% of investment so initial holding income in place.
Plan now for future development
Annual rent: $45,000 pa plus GST plus outgoings
Rating Valuation (as at 1 September 2011): $490,000

Agency reference #: 2422398
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Asking price: $475,000
50 King Street, Temuka, Timaru, Canterbury
Asking price: $475,000
Listed: Thu 11 Jul, 4:18 am
Peter Wilson AREINZ. Accredited Auctioneer
Reid & Wilson First National MREINZ, Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 6884084
  •  (027) 4765329

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Agent's details

Peter Wilson AREINZ. Accredited Auctioneer
  •  (03) 6884084
  •  (027) 4765329
Bruce Wilson FREINZ.
  •  (03) 6884084
  •  (027) 4345641
Reid & Wilson First National MREINZ, Licensed Agent (REAA 2008)
(03) 6884084
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