Commercial

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

Map

Property description

Listing # GM22972|Listed on 26 May 2025

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.

Your notesYour notes
NZ Real Estate West Coast Ltd (Licensed: REAA 2008) - Harcourts, West Coast

Antoni Houston

NZ Real Estate West Coast Ltd (Licensed: REAA 2008) - Harcourts, West Coast
6 active listings
NZ Real Estate West Coast Ltd (Licensed: REAA 2008) - Harcourts, West Coast

Lai Meng Lee

NZ Real Estate West Coast Ltd (Licensed: REAA 2008) - Harcourts, West Coast
6 active listings

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