Investment opportunity


3/50 Magdala Place, Middleton

By Negotiation

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Investment opportunity | 3/50 Magdala Place, Middleton | 5511740 |      X Close
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Investment opportunity


This well located tenanted investment presents a great opportunity to an astute investor wanting a residential/commercial investment, which is higher yielding than most residential investments.

The ground floor provides a clear span warehouse with a 3.6m stud height, amenities and office. The first floor consists of open plan kitchen/dining/living and one bedroom with ensuite. A well-appointed balcony overlooking its own private garden area. This unit has the ability to have two tenants.

Nestled in the premium location of Wigram on Magdala Place, this unit presents a great opportunity for small businesses, hobbyists and savvy investors.

β€’Rental valuation $24,100 + GST and operating expenses per annum

β€’Three carparks

β€’ Upper floor apartment- Approximately 42sqm

β€’ Ground floor office/ amenity- Approximately 45sqm

β€’ Warehouse- Approximately 38sqm

For further information please visit: https://www.propertyfiles.co.nz/property/5511740

3/50 Magdala Place, Middleton

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