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Sound investment in Otaki's shopping precinct

3/3U Arthur Street, Otaki

Retail Property
dollar

$210,000 Plus GST (if any)

Floor area
85m2
Title type
Freehold
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Property details

Listing # KPC14255 | Listed on 8 March 2022

Unit 3, 3 Arthur Street, Otaki, Kapiti Coast
Asking price $210,000

Features:
•Tenanted investment opportunity
•Net rental $17,000 pa + GST and outgoings
•Sought-after CBD location
•Seismic rating 70% NBS

Situated proudly in Otaki's well established shopping precinct and with a stable tenant in place, Unit 3, 3 Arthur Street presents an attractive option for first time buyers and seasoned investors alike seeking consistent rental income.

Part of a 9-unit retail complex that was constructed in the 2000's, Unit 3 consists of 85 m2 (more or less) single level floor space and features a bright open entrance with front reception desk (included in the sale), a small recess/storage area and shared kitchen and toilet facilities.

Priced competitively, the property is well configured in a prime location underpinned by great connectivity to nearby businesses.

Asking price $210,000

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