Better than 9% in a Bank!


99-101 Commerce Street, Kaitaia

Asking Price NZD $650,000 + GST (if any)

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Better than 9% in a Bank! | 99-101 Commerce Street, Kaitaia | 1001460 |      X Close
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Better than 9% in a Bank!


This fully tenanted building in main street Kaitaia includes the ASB Bank as the anchor tenant and the return is better than 9%.

A 2017 seismic survey gave a 67% New Building Standard and a recent re-roof shows that this is a well maintained building. The location is in the very heart of Kaitaia with car parking at rear. A cross walk leads directly to the building so you now know why to cross the road!

The building is purpose built for the bank and is complemented by a 67.75m² retail/office space which has a new tenant about to move in. A split risk investment is often a preferred option.

•330m² Building

•Heart of Kaitaia location

•Well known tenants

Seldom do we see such a solid investment on the market.

Contact me now for more information.

99-101 Commerce Street, Kaitaia

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