21-23 Commerce Street, Whangarei Central, Whangarei

Rare quality investment offering

NOW SOLD. For the first time in decades this outstanding well-established property is now offered to the market as a fully tenanted investment.
It comprises a large flat site of 2,516sqm set on the north side of popular Commerce Street.
This site sits midway between the CBD and the steadily expanding Okara bulk retail centre on a busy road that forms an integral part of Whangarei's arterial and collector roading network.
Two generous sized buildings on site house a leading and long established office supplies company that is part of a national group.
The front building contains quality showroom space and supporting offices. The rear building serves as open format warehouse space and is connected to the front building by a breezeway.
The property has a generous road frontage with two formed vehicle entrance points that provide all-round sealed access. Copious onsite parking for up to 30 cars is provided.
Current annual rent is $110,100 plus GST (net lease).
Properties of this calibre are currently very hard to find in Whangarei.

Set date of Sale 2pm, Wednesday 14th July 2021 (unless sold prior)
84 Walton Street, Whangarei