Whangarei Central
55 Bank Street, Whangarei Central, Whangarei
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
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
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