Asking Price NZD $1,050,000 + GST (if any)
A commanding building; a national tenant and a premium position all add up to a property worth you considering for your portfolio.
The 862sqm site has a wide frontage to High Street including a 3.6m wide accessway on the southern boundary. The prominent building with its marble facade and large windows, has great natural light. The two storey portion on the western end of the building, provides additional office space and a staff kitchen. There are eight marked carparks and two unmarked spaces.
The tenant re-negotiated the lease last year allowing for two years from December 2019 with two rights of renewal each for a further two year period. The vendors have undertaken seismic strengthening, bringing the building up to 80% NBS as per the Seismic Assessment Report dated August 2012.
Numerous car parks are available at the rear of the building with easy drive on access from the service lane which runs through the Decks Car Park from Greenwood Street to Wallace Street.
It is extremely rare for a building of this calibre to come to the market in Motueka. For investors looking for a building for syndication or a stand alone investment, this property is one to seriously consider in the thriving and economically diverse, horticultural and business hub of Motueka.
141-143 High Street, MotuekaOpen in map