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Wairoa

198 Marine Parade, Wairoa, Wairoa

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300sqm Floor area
518sqm Land area SQM

For Sale by Negotiation

'Bank' a great return


Regional New Zealand has seen strong growth in the property market and Wairoa has been no exception. Here is the commercial investment opportunity you have been waiting for - a blue chip tenant without the big city price tag.

Set on a corner, Marine Parade site with a bank tenant paying the rent this property ticks all the boxes:

- Refurbished, single level building with excellent tenant
- Corner site on Marine Parade: 518sqm (more or less)
- Seismic assessment of 82% New Build Standard (NBS)
- Current net income approximately $27,500 p.a.
- Nine onsite car parks
- Current lease term until February 2020 with right of renewals

Our motivated seller is keen to consider your offer! Enquire now for further information.

Sam MacDonald

Sam MacDonald


Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Net income


$27,500 p.a (approximately)

Seismic rating


82% NBS

Tenant


Bank of New Zealand