The best of both worlds here with a lock and leave 2-bedroom apartment with a separate ground floor commercial tenant for income. The fixed term residential tenancy expires in March 2026 allowing the new owner to either occupy or re-let. The established ground floor commercial tenant returns $15,160 per annum on a fixed 2-year lease from 1/5/2025.

This well-appointed live/work unit has been designed to be occupied in two parts: First-floor apartment and ground floor warehousing each with separate amenities, power etc. The complex of 22 units provides off street car parking and convenient access to surrounding amenities.

Contact Anne-Marie or Blair for more information or to arrange a viewing.
 

Features:

• Ground floor warehousing and first floor accommodation
• 3 Allocated car parks per unit
• Potential to occupy the apartment in March 2026
• Ground Floor returning $15,160 p.a
• Apartment fix term to 20/03/26
• Total floor area of approximately 148 square metres
• Asking price $650,000 Plus GST (if any)

More information: https://www.colliers.co.nz/p-NZL67033760