Bayleys alongside JLL are thrilled to present this multi-tenanted retail investment property in the heart of Ashburton Town Centre.
This complex is home to four quality tenants: City Fitness, Number 1 Shoes, NZ Bed Company and Liquor Centre. These tenants provide strong passing income for investors with a great value add opportunity for the right buyer.
The substantial land holding comprises 10,163sqm with 4,402 NLA and a generous 133 car parks (approximately). The freehold holding has three separate buildings which are currently being divided into three separate titles. The complex is available as one or potentially on separate titles.
This is an extremely exciting opportunity for investors or owner-occupiers alike to secure a site in the commercial core of Ashburton.
• Net Annual Income $743,235.75 + GST + Opex
• Two buildings 100% NBS and one building 70% NBS
• Great commercial core location
• Value add angle for the astute investor
Please contact Joint Sole Agents for further information. To download the property files, copy the following link in to your browser, register your details and wait for the links to be emailed to you: https://www.propertyfiles.co.nz/property/685660004
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