OUTSTANDING FREEHOLD INVESTMENT
- Proposed Usage
- Floor Area
- 1700.00 m²
- Property ID
A three level 1,700m² commercial office complex with 35 on-site car parks in a handy location within Whangarei City.
The two freehold lots both have road frontage and good easy access, adjoining a public car park. The complex is generating a net annual income of $285,000 plus GST and the Government funded tenant (DHB) has occupied the premises since May 2010. The current lease is extended to 30 April 2024.
• 1,800m² freehold - two titles
• Two street frontages with on-site car parking - 35 cars
• Secure tenant lease - Northland Health
• Three level 1,700m² office complex
• Current net rental income $285,000 plus GST
• Seismic rating of 118% long x 82% trans - NBS
• Contact Ross for all investment details
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Seldom does the opportunity to purchase an investment property arise.