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Newlands

64 Kenmore Street, Newlands, Newlands, Wellington

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2,021sqm Land area SQM
820sqm Floor area
20 Offstreet

Suburban Retail Complex Investment


This freehold retail complex provides a great opportunity for investors or residential speculators. \n\nA ground floor structure with approximately a 820sqm floor plate located on a key residential road in Newlands and has plenty of easy access car parking with a diverse tenant portfolio of six tenants. This property is a unique split risk investment. \n\nPotential also exists for add value or land development. The options are endless. \n\nThis property is returning $90,000 from six tenants with the real potential for more. With one of the seven tenancies vacant you can increase your return.\n\nFor a full tenancy schedule and rental breakdown please call or email for more information.\n

Auction

Level 14, Bayleys Building, 36 Brandon Street, Wellington

5
Dec

Time11am
Calander
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Fraser Press

Fraser Press


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Matt Gibbs

Matt Gibbs


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Car Parking


20+

Investment


Six diverse tenants

Land


2,021sqm residential zoned.

Rental


Approximately $90,000pa gross with upside