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Invercargill

CORNER SITE, MIXED RETAIL, INVESTMENT PROPERTY

LISTING ID: MAC9991

Invercargill

Sold on 13 November 2018

Floor Area: 1400 m2
RV: 1,980,000

Property Details

A rare opportunity to own or invest in a prime piece of commercial real estate situated opposite the newly proposed $200 million CBD development. This location is highly desirable! Superb frontage to Esk & Kelvin Street and off-street parking. Highly Motivated Vendor, Offers over $1,100,000 will be considered. Contact the sole agent Trevor Thayer now for your information pack and viewing times.

Key Features:
• 4 Tenants, Leases in place
• 1,400m2 total floor area
• Extensive site with 14 inner city car parks
• Rental return $116,300 pa
• NBS < 33%
• 3 areas still to be leased

If you would like to view this property or discuss similar listings in this area I have available, please contact me for further information.
Trevor Thayer Email Trevor Thayer
Trevor Thayer
Licensed Real Estate Agent
p:
03 214 452 924 hrs
m:
027 227 3876
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