Tidy first floor tenancy in Wanganui's major office complex, current lease renewed for the next four years with a well established local business.
Looking for a passive investment, this would suit someone looking to add to their current portfolio or someone looking to branch out into commercial property investment, approx. 130sqm (more or less) with four carparks, good bodycorp in place.
Return expectation between 7.5% and 8%.
Lease value $15,000 + GST + Outgoings