Located in the heart of Epuni an investment opportunity with split risk is being offered for sale.
The building located opposite Epuni Train station, has recently had seismic strengthening completed. It offers 2 ground floor commercial tenancies with rear access and 2 two bedroom apartments on the 1st level with off street car parking, and plenty on street right outside the front door...
3 out of the 4 tenancies are rented on a periodic basis with no formal agreements in place. The current net rental is $42,035 but there is a substantial upside for the next owner as the potential net income could be circa $65,000.
These commercial/residential investments are hard to come by, with such high substantial upside being gifted to the next owner.
106 and 107 Oxford Terrace, EpuniOpen in map