Urgent sale required on leased central development


29 Robins Road, Queenstown

By Negotiation

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Urgent sale required on leased central development | 29 Robins Road, Queenstown | 4480463 |      X Close
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Urgent sale required on leased central development


Our vendor has purchased another property and requires a sale ASAP. The 1000sqm High Density zoned property is located opposite Queenstown Primary School and features Horne Creek running through its garden. The freehold property is for sale with a commercial tenancy in place to Little Earth Montessori Queenstown. The annual rent is $75688 plus GST plus OPEX with a lease until 2024 and two rights of renewal until 2034. The property is being sold Plus GST if any. The original two storey home has been redesigned internally for the tenants requirements. Robins Road currently has a variety of Residential homes, Hotels, a Backpacker hostel and a shopping development. The proposed changes to the district plan will permit greater intensification, allowing exceptional options for future development. The location is a few minutes walk to Queenstown Bay's vibrant commercial shopping/bar centre. This is a rare offering to landbank for your future.

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29 Robins Road, Queenstown

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