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FANTASTIC HANDS-OFF INVESTMENT

89 Deveron Street, Invercargill

Industrial Buildings
dollar

$579,000 Plus GST (if any)

Floor area
200m2
Land area
283m2
Title type
Freehold
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Property details

Listing # RED26710 | Listed on 5 May

In the heart of Invercargill lies a fantastic investment opportunity. This property boasts a central location with a new office fit-out and warehouse suitable for a wide range of future tenancies. What makes it even more appealing is that it is currently tenanted by a national tenant. The lease is a 5-year net lease, with 2 years remaining on the current term and three additional rights of renewal, each for 3 years. Offering a competitive yield and favourable lease conditions, this investment won’t last long. Call me today to arrange a viewing – tomorrow might be too late.

Please note: Land measurements are approximate and boundary lines are indicative only. All efforts have been made to source accurate information from reputable sources (e.g., Regional/City Councils, Property Guru, CoreLogic, etc.). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

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