Tune into The Right Investment


267 The Strand, Whakatane

By Negotiation

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Tune into The Right Investment


- High profile corner site on leasehold land

- Long term lease to a broadcasting favourite

- 420m2 unique building on 1,472m2 leasehold site

Situated at the '7 day a week' end of Whakatane's CBD on a busy intersection, this is a solid property beginning at its foundations. The premise was constructed in 1971 on Whakatane District Council leasehold land.

Measuring 420m2 it houses four recording areas and plenty of admin and office management space. There is a tasteful glazed partitioning and reception area with air conditioning units throughout. Rated at 67% NBS, there is no earthquake strengthening required under current legislation. Long term tenant has been broadcasting since 1971 creating tenancy stability for the discerning landlord. An affordable investment with solid tenant returns for your future security, offering a higher rate than the banks are currently.

Property Details:

Land Area: 1,472m2 (approximately)

Leasehold Floor Area: 420m2

Zoning: Commercial

Kim Williams

Tauranga

Licensed under the REA Act 2008

Mobile: +64 21 021 10705
Office: +64 7 571 4697
kim.williams@bayleys.co.nz
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267 The Strand, Whakatane

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Kim Williams

Tauranga

Licensed under the REA Act 2008

Mobile: +64 21 021 10705
Office: +64 7 571 4697
kim.williams@bayleys.co.nz
View profile