Affordable Money-spinner

Units 11 - 13, 112 Riddiford Street, Newtown, Wellington

Tender

Proposed Usage
Retail
Floor Area
111.00 m²
Description:
Property ID
1c6lqmk

One of the great character buildings in Wellington - you can't miss "the wedge" spearheading Riddiford and Rintoul Street in eclectic Newtown.

For sale is the appealing unit title ground floor, comprising retail units 11, 12 and 13.

The units have a strong mix of tenants including Rubia Express, Gaia Organics and Pranah Cafe.

The property is undergoing engineering works to increase the seismic capacity to 67%NBS.

• Fully leased affordable investment
• Split risk with well established tenants
• 113sqm floor area over three titles
• Current net income $45,689 + GST

To obtain copies of the supplementary documents please visit: https://www.propertyfiles.co.nz/property/riddiford.

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Newtown Area