A "handsome" CBD investment

Being offered to the market now after being tightly held since 2007, the current owners have decided it's time to move onto other projects.

For those after a quality investment with a stable income, underpinned by quality tenants, then this a prime opportunity to grab with both hands. With a total of 870sqm of ground floor only space shared between the two main tenants, and the onsite carparking presenting as a “low-maintenance” proposition to the owners, this investment should continue being a sensible, uncomplicated management piece going forward.

If you are after a quality investment, then you should call me on this one.

•Two fantastic and stable tenants in the building
•43 carparks let (always in demand)
•NBS above 80%
•Solid existing rental income
•Well located to public services

Additional Features

  • Commercial Type: Office

  • Investment Type: Tenanted Investment

Michael Frecklington (Phone +64 21 0296 7031)
Michael Frecklington
Commercial, Industrial Sales and Leasing
5-11 The Crescent
Invercargill
- Fantastic multi-story office/retail complex - Stable cashflow from a solid tenancy mix - Repair & maintenance, and NBS work has been attended to - ...
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