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Timaru

234 - 236 Stafford Street, Timaru, Timaru

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544sqm Land area SQM
356sqm Floor area
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Big return, one smart investment


• Two adjoining freehold titles
• Prime Stafford Street location
• Two established retail tenants
• Returning strong holding income

234-236 Stafford Street presents an opportunity to secure a commercial investment in the heart of Timaru's retail precinct. Comprising two adjoining buildings on separate freehold titles, these properties are available for sale together or separately, providing investors with flexibility and dependable income.

234 Stafford Street comprises a 211sqm freehold site with a floor area of approximately 205sqm, while 236 Stafford Street offers a 333sqm freehold site with an approximately 151sqm tenancy.

Positioned on sought-after Stafford Street, the properties are occupied by established retailers, The Lolly Shop and Stompz Shoes, currently returning $65,040pa plus GST.

Whether you're looking to expand your portfolio or secure an investment with future upside, this dual-title opportunity is well worth your consideration. Offered to the market with absolute motivation by our determined owners.

Contact the Sole Agent's today to arrange a viewing.

Key features


Location

Prime Stafford Street location

Opportunity

Two adjoining freehold titles

Lease

Two established retail tenants

Passing income

Returning strong holding income

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.