8 Burgess Road, Johnsonville, Wellington

Invest now, develop later

Located in the heart of Johnsonville, just off the main thoroughfare of Johnsonville Road, this property will be very attractive to a number of different buyers.
It consists of two self-contained retail commercial tenancies at the front, one tenanted and one vacant, with a two story, spacious three bedroom residential dwelling behind. To the rear is a sealed yard with a small leased commercial workshop and six carparks. The whole property is well presented with some recent refurbishment.
For investors this is an opportunity to secure a good quality mixed use tenanted investment, with the bonus of leasing out the vacant retail tenancy to increase the returns. However, if you are looking for a future development opportunity then this 845sqm rectangular flat site is definitely worth considering, currently it has a height limit of twelve metres, which would be an ideal apartment site.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/8burgessroad

• Tenanted investment with development potential
• Three commercial tenancies pus one residential dwelling
• Regular shaped flat site with a total area of 845sqm
• Current gross income of $79,750pa + GST (if any)