Feilding - Main Street entry level investment

Description

Located on Feilding's main shopping street in the heart of the CBD, this quality building is the perfect entry level commercial investment. Currently utilised as an online clothing distribution hub to one tenancy with two separate leases. The building can be split into two separate tenancies if needed, suitable for retail or office.

The building is not classed as earthquake prone under the current regulations. There is one tenancy leased from April 2021 on a 3+3 year lease term and the other from July 2022 on a 3+3 year term with final expiry dates being March 2027 and June 2028.

Total nett rental of $47,610 plus GST.

Call now for further information, the vendor is motivated to sell, grab this great opportunity to invest in the vibrant town of Feilding.