Commercial Investment Opportunity

8, Opawa Street, Blenheim, Marlborough

By Negotiation

Proposed Usage
Industrial
Floor Area
410.00 m²
Land Area
1000.00 m²
Description:
Property ID
1c4td8z

Good holding income plus development prospects. 2x separate tenancies with on site parking. Income of $35,000 + GST plus all commercial outgoings
Lease terms: Tenant 1 on 5 years lease from June 2018 plus rights of renewal
Tenant 2 on 3 year lease from 1 February 2018 plus rights of renewal
Added bonus of 210sqm rear section to build on in the future with garage on token rental covering rates and insurance for the vacant area.
Total Land area 1000m² . RV $600,000
Opawa Street is a busy light industrial area and this site is surrounded by commercial and service industry activity. Only 3 minutes to Blenheim CBD and easy access to State Highway one.
Property is for sale by Negotiation
For full details contact Geoff 0274 491-575 or email geoff@firstnational.co

Enquire about this property

Blenheim Area