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Whakatane

67 The Strand, Whakatane, Whakatane

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111sqm Floor area
4 Offstreet

Premium bite sized freehold investment


* Superbly located and well-maintained with a strong lease currently in place
* Boasting four secured under-cover car parks, providing convenience and accessibility
* Net rental income of $33,000 +GST, full tenancy details available on request
* Surrounded by a wealth of amenities, including shops, cafes, and other well established business

Situated in the heart of the thriving CBD, this well-presented commercial space offers a fantastic chance for those seeking a secure and lucrative investment. A smart choice for investors looking to capitalise on the location's growth.

111sqm (more or less) currently occupied as offices, located on the ground floor of the luxury Quayside Apartment complex. Part of a prestigious development of only 12 tightly held commercial spaces. Since its completion in November 2009, it has had just one occupant, reflecting its desirability and reliability as an investment opportunity.

Offered to the market with complete motivation from our retiring vendor. Don't miss out on this affordable opportunity in a thriving locale. Whether you're a seasoned investor or looking to start your commercial portfolio, this exceptional opportunity is a must-see!

Asking Price NZ$600,000 + GST (if any)
Larissa Reid

Larissa Reid

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Occupancy


Tenanted investment with strong lease in place

Passing income


Net income of $33,000 +GST

Lease term


Three years effective 1 March 2024 with three further terms of three years each

Floor area details


111sqm (more or less)

Parking


Four secured onsite carparks

Location


Superbly located with plenty of amenities within the immediate locale

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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