53 Clyde Street , Invercargill, Invercargill City

New lease with excellent yield expected

Key features:
• Front showroom 215.3sqm (more or less)
• Office and amenities 84sqm (more or less)
• Mezzanine 57.8sqm (more or less)
• Workshop 254.6sqm (more or less)
• Showroom 524.40sqm (more or less)
• Current IEP of 75%
• Business Three Zoning with possible future development opportunities

An outstanding opportunity to own a stand-alone building in a well established Invercargill city precinct on the edge of the City's CBD district and only five minutes from the airport. Invercargill City is the business centre of Southland, a region that has remained very strong through recent times, and is connected with direct flights from the other main New Zealand centres. Ideal move for a current residential investor looking for a high yield and tax deductibility.

For more information please contact:

Ben Bayley
021 537 503
ben.bayley@bayleys.co.nz

Michael Frecklington
021 029 67031
michael.frecklington@bayleys.co.nz

Chris Bayley
021 899 863
chris.bayley@bayleys.co.nz