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Blenheim

14-22 Alfred Street, Blenheim, Marlborough

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1,179sqm Land area SQM
433sqm Floor area
14 Offstreet

Asking Price NZ$1,050,000 + GST

 (if any)

Well Leased, Strengthened and Refurbished


* Seismic rating of 70-79%NBS

* Offices and open plan building

* 470sqm on land area of 1,179sqm and includes 14 carparks

* Well leased, strengthened and refurbished in 2016

* Seven year lease from 1 April 2016 plus 2 x ROR

This well recognised property overlooks the Taylor River which flows on the northern edge of the Blenheim CBD. After earthquake strengthening in 2015/2016, the property was leased to a national community provider who completed the fit-out to a very high standard. Receiving all day sun, the property is just 150sqm to the Blenheim Convention Centre and ASB Theatre, and within easy walking distance to the CBD.

The easy-care passive investment property will appeal to investors to make the most of this opportunity.

Grant Baxter

Grant Baxter


Be Marlborough Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Areas


Floor area of 470sqm & land area 1,179sqm

Lease


Two (2) x seven (7) years

Offices


Offices and open plan building

Seismic Rating


Building Strengthened 70-79%NBS

Well Leased


National Tenant