Large Commercial Property on a freehold title comprising of 9 separate tenancies. Located in Kaikorai Valley allowing easy access to main thoroughfares, yet still very close to the CBD.
The property has had numerous improvements by the current owners including a large portion being re-roofed and they have also provided an IEP report for a seismic rating of 35% which is filed with the local authority and no upgrading required.
Current net rental is $41,935 with an increase scheduled for Jan 2022 to $51,185
Get on the property ladder now or add this one to your portfolio. Vendor may even consider trading your property.
Contact Tony for a viewing appointment