Westport - Easy Investment

Price $420,000 plus GST (if any)
Location 62 Palmerston Street, Westport
Type Commercial & Industrial Hotel Motel Leisure to Buy
Floors 1
Land 455 m2
Listing No # WEC66622
Listed 11/02/2019
Views 5

Description

Looking for a simple commercial investment with a bit of residential in there for good mix? This grand old girl currently houses the popular Johnny's restaurant downstairs (lease in position) and the vendor lives upstairs. Prior to that it housed 3 room by room tenants upstairs and the demand for rental space in Westport is very high. Jump on for the ride as Westport bounces back with vengeance and cement your place in the leasing game, with the security of the residential let as a great backstop. Substantially strengthened, to meet minimum EQ standard, the downstairs is in superb condition while there's scope for improvement upstairs,. Buy something to be proud of and have a whole lot of fun along the way.

Contact our agent

Charlie Elley

P: 03 789 8777
M: 027 662 2723

Property Brokers Limited (Licensed: REAA 2008) - Westport

RealEstate Agents contact details and original listing on www.realestate.co.nz -