|
12:00PM |
33 Seymour Street, Blenheim
Fully Leased | Tenant is Burger King |
Investment Property | Passive Income with minimal property maintenance |
Location | Corner site on Main Street (State Highway 1) in Blenheim |
Strong Lease | Final Expiry 2031 |
* Freehold land and building only
* Total Land Area 1770sqm
* Total Floor Areas 304sqm
* Burger King is a nationally recognised tenant
* Rental $176,800 pa, plus GST, plus OPEX
* 12 year lease which commenced on the 1st of January 2011 with 2 x 4 year rights of renewal
* Final terminating date of 28 February 2031
* IEP assessed as 125% NBS
Located on a high profile corner site on Main Street (State Highway 1) in Blenheim, this modern property offers investors a passive income with minimal property maintenance requirements. This is a rare opportunity to own such a quality property in a prime location. Historically low interest rates make this a "must own" opportunity.
Contact Grant Baxter or Andy Poswillo for further information and Auction terms and conditions.
Licensed under the REA Act 2008
Mobile: +64 27 297 1902 |
Office: +64 3 578 7700 |
grant.baxter@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 420 4202 |
Office: +64 3 578 7700 |
andy.poswillo@bayleys.co.nz |
|
12:00PM |
33 Seymour Street, Blenheim
Fully Leased | Tenant is Burger King |
Investment Property | Passive Income with minimal property maintenance |
Location | Corner site on Main Street (State Highway 1) in Blenheim |
Strong Lease | Final Expiry 2031 |
34-36 Main Street, Blenheim
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 297 1902 |
Office: +64 3 578 7700 |
grant.baxter@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 27 420 4202 |
Office: +64 3 578 7700 |
andy.poswillo@bayleys.co.nz |