Kaitaia
99-101 Commerce Street, Kaitaia, Far North
+8
Better than 9% in a Bank!
This fully tenanted building in main street Kaitaia includes the ASB Bank as the anchor tenant and the return is better than 9%.
A 2017 seismic survey gave a 67% New Building Standard and a recent re-roof shows that this is a well maintained building. The location is in the very heart of Kaitaia with car parking at rear. A cross walk leads directly to the building so you now know why to cross the road!
The building is purpose built for the bank and is complemented by a 67.75sqm retail/office space which has a new tenant about to move in. A split risk investment is often a preferred option.
•330sqm Building
•Heart of Kaitaia location
•Well known tenants
Seldom do we see such a solid investment on the market.
Contact me now for more information.
