- Fully Leased with a combined return of $248,000 net p.a. + GST
- Two Freehold Standalone Investment Properties
- Established Tenant operating in New Zealand and Australia
- Generous 1,489sqm 'mixed use' land holding held in two titles
- Strategic location with excellent future upside
This strategically positioned investment opportunity boasts two well presented standalone buildings, each on their own separate title. Fully leased to a well established Tenant with over 30 years industry experience and with offices in New Zealand and Australia. A combined land holding of 1,489sqm and with a favourable 'mixed use'zone promoting residential development up to 15 metres high. While providing attractive cash flow, astute investors must also consider the future development potential.
In summary this offering presents a superb investment with substantial underlying land value for future upside.