Multi tenant investment on Waiheke Island


28 Belgium Street, Ostend

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Multi tenant investment on Waiheke Island | 28 Belgium Street, Ostend | 2151467 |      X Close
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Multi tenant investment on Waiheke Island


The building is new. The location couldn't be better. This prime commercial opportunity is first time to market and interest is expected to be high. Sitting pretty on the main road, just a stone's throw from the supermarket complex in the heart of Ostend, this attractive retail and office development is fully leased and ready for a new owner to reap the rental rewards.

The development comprises three retail units on the ground floor, two with premium road frontage, and three office spaces on the top floor, accessed via the rear of the development. Its high stud makes most of the natural light, and there's fibre connectivity to all units.

This superior street-front location in the ever-expanding retail hub of the island offers high visibility plus good foot traffic, with the Ostend market and RSA over the road as well as takeaways, a bottle shop and other retail offerings nearby.

The upper floor of 165sqm includes shared kitchenette and toilet facilities for the three office spaces. The ground floor is 193sqm and includes similar shared facilities for the retail units. The office leases and one of the retail units come with one designated on-site car parking space, while the two further retails units have two spaces each.

The flat concrete driveway and flat parking area are a bonus to this already appealing investment.

This brand new building is fully compliant with all the latest building standards.

Everything has been thought of, including a solid disabled access ramp to the higher floor.

With an income of $133,000pa, this is a highly desirable retail and commercial opportunity for the savvy landlord ready to grab a prime stake on arguably the best street in town.

To download all documents go to http/www.bayleys.co.nz/2151467

28 Belgium Street, Ostend

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