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Fully Tenanted Investment

26 Weld Street, Hokitika

Office Building
dollar

$540,000 Plus GST (if any)

Floor area
420m2
Land area
794m2
Covered park
4
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Map

Property details

Listing # GM22972 | Listed on 26 May

Retirement beckons after 17 years of ownership. Large 423m2 commercial property with three separate tenants - Convenience Store, Building Design/Sales, and Karate Club.
Masonry construction and metal profile roof (including waterproof membrane). Concrete ring and piles. The building has a very favourable seismic assessment with a fully commissioned report. With a 7.8% rate of return as well as outgoings apportioned to the tenants, this has to be a worthwhile passive investment. For further details, including a request for the Confidentiality Agreement, please contact Antoni Houston or Lai Meng Lee.

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