Attractive Heartland Investment


50 Fitzherbert Street, Featherston

By Negotiation

Download Email
Attractive Heartland Investment | 50 Fitzherbert Street, Featherston | 3150866 |      X Close
Image
Description

Attractive Heartland Investment


The property comprises a tidy standard of suburban retail accommodation within two single storey structures. The property has been configured to comprise 5 tenancies, held under 4 leases offering a split risk investment opportunity.

The tenant profile comprises four newly completed leases with a Weighted Average Lease Term of 1.64 years. The tenant mix is predominantly retail in nature along with Featherston's only dedicated legal practice and a single community group tenancy.

The 905sqm site offers extended exposure to SH2 and occupies a central position within the town centre. The neighboring development is predominantly suburban retail in nature and the property benefits from being located opposite the Super Value Supermarket.

This is an exciting opportunity for a first time or experienced investor to get into a relatively passive investment at an affordable price. There are very few fully tenanted investments in the sub $1m price range and we anticipate strong interest from investors on both sides of the hill.

Viewing by appointment only.

50 Fitzherbert Street, Featherston

Open in map