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Kaikohe

113 Broadway, Kaikohe, Far North

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900sqm Floor area
645sqm Land area SQM

Asking Price NZ$550,000 + GST

 (if any)

Top 10% in Kaikohe


This two story tenanted building presents a fantastic opportunity for the astute investor to secure a return which would embarrass the Banks! The 900sqm building is divided into multiple areas with services across both floors, including bathrooms and reception areas. It is ideally suited for the current Heath Service Provider with meeting and consultation rooms.

The front reception is very inviting with wood accents highlighting the joinery throughout the building. Ablutions facilities and kitchens could support multiple tenants and the tenant loves the space. Pedestrian access from the front of the building works well in this tight knit community and four dedicated car parks are available in the rear.

The current two year lease runs through until December 2020 with a further two year right of renewal. Comprehensive documentation is available and this property won't last long in the market.

Returning $55,000 + GST + outgoings per annum.

For sale $550,000 plus GST (if any)

Anthony Van Gessel

Anthony Van Gessel


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

The investment


10% return of $55,000 + GST + outgoings per annum

The location


Main Street, Kaikohe with walk-in access and rear parking.

The property


Two story building with fantastic facilities.

The tenant


Health services tenant, providing support to the community.