On the market for the first time since 1988! With vacancy rates at an all-time low and positioned in the regions preferred small business location, the options to add value are too numerous to list.
However, they should include; sell down as individual units, retain one or more to occupy yourself, lease up and hold, etc, etc.
One building, four units, each with its own Title.
Part leased, part vacant, this property has a potential net income of $150,000 + GST and with a seismic rating of 85%, represents a very special opportunity for the astute investor.
While in need of some TLC here and there, the property has an excellent leasing history and has room for growth, or the opportunity for you to part occupy.
Located on one of the most popular streets in Petone, this truly is an opportunity not to be missed.
- Four individually titled warehouses
- 85% NBS
- Potential net rental $150,000 + GST
- Add value and retain, or
- sell down and make money
For further information or to obtain a copy of the supplementary documents, visit www.propertyfiles.co.nz/property/3252159