Invercargill
118-120 Spey Street, Invercargill, Invercargill
+22
A "handsome" CBD investment
Being offered to the market now after being tightly held since 2007, the current owners have decided it's time to move onto other projects.
For those after a quality investment with a stable income, underpinned by quality tenants, then this a prime opportunity to grab with both hands. With a total of 870sqm of ground floor only space shared between the two main tenants, and the onsite carparking presenting as a “low-maintenance” proposition to the owners, this investment should continue being a sensible, uncomplicated management piece going forward.
If you are after a quality investment, then you should call me on this one.
•Two fantastic and stable tenants in the building
•43 carparks let (always in demand)
•NBS above 80%
•Solid existing rental income
•Well located to public services
Michael Frecklington
Southern NZ Real Estate Brokers Ltd,
Licensed under the REA Act 2008
Features
Occupancy
Two fantastic and stable tenants in the building
Parking
43 carparks let (always in demand)
Seismic (NBS rating)
NBS above 80%
Opportunity
Solid existing rental income
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.
Request more information
Contact us and have your questions answered.
Property files
Use the download button below to view all available documents for this property.