Bank on the Bank

133, Main Street, Upper Hutt, Upper Hutt

Tender

Proposed Usage
Retail
Floor Area
1191.00 m²
Description:
Property ID
1c3mppb

Home to a bank for over 25 years this is an investment property that has stood the test of time and ticks the boxes for those wanting a healthy return, a spread of risk, and the security of a prime location.

ANZ are the anchor tenant of this multi tenanted investment who together with Print Big Ltd & Created - Homewares, Gifts & Furniture, occupy 85% of the property. A range of other smaller tenants make up the balance of the rental income with most having been in occupation for over 10 years.

Features:

• Location - Prime location in heart of Main street
• Frontage - Two street frontages and walkway down the third.
• Parking - Backs onto Public parking
• Spread of risk - Multiple tenants provide spread of risk
• Growth - Rentals are arguably under market
• Affordable - Net income of $140,000 + GST (estimated)

To obtain copies of the supplementary documents please visit: http://www.propertyfiles.co.nz/property/133main.

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Upper Hutt Area