Westport - Leading Investment Opportunity

Price $1,150,000 plus GST (if any)
Location 181-187 Palmerston Street, Westport
Type Commercial & Industrial Investment Opportunities
Floors 1
Floor Area 1670 m2
Land 2051 m2
Listing No # WEC71354
Listed 29/10/2019
Views 1

Description

Westport's Largest Commercial Operation with 7 current tenants in position. Including 3 national Clients - Subway, Ideal Electrical and OCS plus a mix of smaller NGO's and private enterprise. 1 current vacancy with regular interest in this spot. Excellent main Street location with drive through access to side entrance tenancies. Currently measured at 67% NBS so fully compliant as-is. Excellent off Street Parking. Approximate net return approaching 9% so blowing the bank rates out of the water. Special Conditions Apply.

Contact our agents

Charlie Elley

P: 03 789 8777
M: 027 662 2723

Property Brokers Limited (Licensed: REAA 2008) - Westport

Willie McLaughlin

M: 021 0267 4385

Property Brokers Limited (Licensed: REAA 2008) - Westport

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