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Whangarei Central

55 Bank Street, Whangarei Central, Whangarei

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150sqm Floor area
144sqm Land area SQM

Asking Price NZ$395,000 + GST

 (if any)

Entry level investment or occupier opportunity


• Freehold premises measuring 150sqm (approx. only) for sale with vacant possession
• High profile street frontage
• Previously occupied by fashion retail
• Underpinned by City Centre zone permitting construction up to 24m
• Includes bathroom, kitchenette, and a modern heat pump

55 Bank Street is the ideal opportunity for entry-level investors or owner-occupiers. Measuring 150sqm (approx. only) of gross floor area with high profile frontage onto Bank Street, a main thoroughfare in Whangārei's CBD.

The property is for sale with vacant possession and includes a bathroom, kitchenette, and heat pump.

With a notional market rent of $30,000 net pa equating to an implied 7.5% yield 55 Bank Street is positioned as an ideal entry level investment opportunity or blank canvas for an owner-occupier.

Additional property information is available via propertyfiles.co.nz/property/1053518



Henry Napier

Henry Napier

Commercial, Industrial and Development Sales and Leasing

Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Prime frontage


Prime traffic position ideal for shop front marketing

Amenities


Modern heat pump, two convenient storage spaces, kitchen and bathroom facilities

Location


Unsurpassed central CBD location

Available


Available for immediate possession

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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