Feilding
11 Manchester Square, Feilding, Manawatu
For Sale by Negotiation
Special of the day - Hot bite-sized investment
Located in the heart of the Feilding CBD, and near ANZ Bank, Subway, and Liquorland, this quality freehold investment ticks all the boxes.
The iconic character building has been strengthened and fully refurbished to a quality standard inside and out - all the hard work has been done.
This investment further benefits from well-established tenant being part of Thai House group which operates numerous restaurants throughout the North Island. Furthermore, Feilding's local economy and property market is booming. This very affordable, hands-off investment opportunity is a must.
The Vendor is committed to selling.
•Net annual income: $41,725 + GST plus outgoings
For Further information, please contact Angus or Karl.
Angus Findlay
Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Karl Cameron
Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease term
The property is tenanted to an established tenant with 3 years 7 months until their next renewal with a final lease expiry of 30 April 2033.
Seismic (NBS rating)
Outstanding character building seismically strengthened to 70% NBS.
Opportunity
Well-presented property at an affordable price range for many.
Location
Prime location on Manchester Square.
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