34-36 Main Street, Blenheim, Marlborough

Fully Tenanted Commercial Investment

* 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.