Located on the sunny side of vibrant Jackson Street, this property simply has to be inspected. With a twelve month fixed term residential tenant, returning $620 per week and one of the two commercial tenancies on a three year lease producing $20,000 pa + GST. The property has the potential to produce in excess of $55,000 net per annum.
Constructed in 1928, the property was strengthened, refurbished and the apartment fully re-developed in the 1990's. The ground floor comprises two self-contained shops, with its own amenities.
The first floor features a generously sized, tastefully refurbishment character apartment. It features a large deck leading to a spacious entry foyer, 2 bedrooms plus study, a full bathroom and open plan lounge, dining and kitchen.
Completing the picture, a sunny landscaped rear courtyard.
To obtain copies of all supplementary documents please register your details at
www.propertyfiles.co.nz/property/362JacksonStreet_Petone
• Potential net rental $55,000
• Mix of commercial and residential tenancies
• Two character shops, one super character apartment