1,813sqm
floor area
3,512sqm
land area
High profile corner | location, centrally located between Nelson and Richmond |
Long-term leases | to Turf Hotel and Turf Liquorland |
Total net income | $322,521 per annum + GST + OPEX |
218-228 Songer Street is situated in the tightly held Nelson region with excellent long-standing tenants, the Turf Hotel and Turf Liquorland. This iconic corner site occupies 3,512sqm of suburban-commercial zoned land on the corner of Main Road Stoke and Songer Street, Stoke, Nelson. This appealing commercial investment has a winning combination of desirable location, healthy long-term leases and a total combined annual net income of $322,521 + GST + OPEX.
• High profile corner location
• $322,521 net annual income
• 10 year WALT
• Two yearly rent reviews
• Four bedroom residential tenancy
• Drive through access and ample parking
Freehold commercial investments of this nature are seldom available, act now to secure your investment in the high growth Nelson Tasman region.
For Sale- Price by Negotiation.
Licensed under the REA Act 2008
Mobile: +64 21 280 8090 |
Office: +64 3 546 9455 |
paul.vining@bayleys.co.nz |
1,813sqm
floor area
3,512sqm
land area
High profile corner | location, centrally located between Nelson and Richmond |
Long-term leases | to Turf Hotel and Turf Liquorland |
Total net income | $322,521 per annum + GST + OPEX |
218-228 Songer Street, Stoke
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 280 8090 |
Office: +64 3 546 9455 |
paul.vining@bayleys.co.nz |
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