Southland Express Property Press Liftout

For sale - tenanted high profile premises

26 Esk Street, invercargill, Southland

$350,000 Plus GST (if any) Listing#: 441713 Land: 337.00 m2 Floor: 760.00 m2

Currently showing 13% return on investment! Consistent demand for space in this lucrative area ensures a strong investment with this popular premises in Esk Street. Prime CBD positioning, excellent foot traffic and two levels of space give several income streams. Retail space, office space and more create the potential for a range of businesses to be housed. Engineer's report on file - strengthening work will add value to this building. The premises for sale covers 760sqm of floor area across two levels plus mezzanine floor on land area of 337sqm. Ground floor space is leased with rental income of $25,000pa + gst + share of outgoings. Second ground floor space is currently leased with rental income of $18,000pa + gst + (20% of) outgoings. New fitout. Lease from 1/11/12 for 5 years plus 2 rights of renewal of 5 years. Please note, this is a multi-tenancy building. Tenants, dates and leases can change. Purchaser is advised to check fully at time of purchase. • Two storey downtown building available for sale with existing partial tenancy Agency Reference : 26725

Property type: industrial/warehouse
Listed on: 6 June 2017 11:30 a.m.
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Agency details
Hoamz Southland

© 2015 hoamz. All rights reserved. hoamz ltd, licensed real estate agent (REAA 2008)

Hoamz Southland
99 Spey Street, Invercargill, New Zealand

Agents
Garry Pankhurst

Garry Pankhurst
queenstown@hoamz.co.nz
0274 336 304
0274 336 304

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