193sqm
floor area
254sqm
land area
Floor area | 193sqm (more or less) |
Income | Potential to return $20,000pa fully let |
Location | Main street of Raetihi |
Nestled on the main street of Raetihi, this 254sqm (more or less) commercially zoned land is home to 193sqm (more or less) of quaint offices, once home to legal chambers. The property consists of two lettable areas encouraging both owner occupiers or investors looking to diversify the income potential of the property. Each lettable area contains their own amenities, a mixture of offices, open-plan spaces and reception areas. Currently returning $3,120 per annum on a month to month contract, the properties lease value has been appraised at circa $20,000 + GST which would reflect a circa 10% yield fully occupied.
A great opportunity and a highly motivated vendor, for more information or to arrange a site visit please reach out to the sales team.
Licensed under the REA Act 2008
Mobile: +64 27 455 5674 |
Office: +64 6 385 0170 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 27 882 0421 |
Office: +64 6 348 0573 |
[email protected] |
193sqm
floor area
254sqm
land area
Floor area | 193sqm (more or less) |
Income | Potential to return $20,000pa fully let |
Location | Main street of Raetihi |
53 Seddon Street, Raetihi
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 455 5674 |
Office: +64 6 385 0170 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 27 882 0421 |
Office: +64 6 348 0573 |
[email protected] |
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