Dannevirke - Magnificent investment opportunity

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Price Offers Over $349,000 Plus GST (if any)
Location 113 High Street, Dannevirke
Type Retail Property
Floor Area 532 m2
Land 299 m2
Listing No # DC108736
Listed 2/03/2023
Views 57

Description

Fully leased building earning $25,000+GST +rates +shared insurance.

  • Current RV $355,000 (Sept 2023).
  • Final lease expiry date Feb 2030. Renewals 2024 and 2027.
  • Tenant is willing to extend lease up to 2040.
  • Located in a prominent SH2 position with high traffic flows.
This Iconic two-story historic building of the 1910 era features a comfortable upstairs 3-bedroom flat, which includes storage, kitchen, laundry, staff toilet, staffroom area, bathroom and lounge with privacy and views over CBD. The tenant occupies a flat upstairs and utilizes the ground floor as a well-established and well-known toy and puzzle-making business, retailer, and book distribution center.

Dont miss this unique opportunity - book your private viewing now!

Contact our agents

Natalie Hales

M: 027 69 5 1322
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Property Brokers Ltd (Licensed: REAA 2008) - Dannevirke

4 Stanley Street
Dannevirke , 4930
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Kerry Sutherland

P: 06 37 4 8102
M: 027 43 0 6210
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Property Brokers Ltd (Licensed: REAA 2008) - Dannevirke

4 Stanley Street
Dannevirke , 4930
View Listings


RealEstate Agents contact details and original listing on www.realestate.co.nz - Listed 2/03/2023

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