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Exceptional multi-tenanted investment opportunity

52-56 Oxford Street, Levin

Retail Property
dollar

Offers Over $900,000 Plus GST (if any)

Floor area
980m2
Title type
Freehold
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Property details

Listing # KPC201433 | Listed on 11 June

52-56 Oxford Street Levin, Horowhenua

•Split-risk investment across six income streams
•Combined total income of $80,832.39 per annum with option to add additional circa $30,000
•Prominent location on Oxford Street
•Floor area 980sqm (approximately) split over two levels

Positioned on the south side of Levin’s thriving CBD, 52-56 Oxford Street is a premium multi-tenanted investment property. With its prominent location and broad tenant mix, this property offers both stable income and add-value or owner-occupier potential.

The property comprises a total floor area of 980 sqm with three separate retail premises on the upper level that front busy Oxford Street. Each are approximately 200 sqm.

On the front facade of the building above the verandah, QMS NZ Media lease signage rights

The lower level is accessed by a rear service lane and comprises a number of newly constructed storage bays and are occupied by a variety of businesses who require safe and secure storage facilities.

52-56 Oxford Street currently returns $80,832.39 per annum plus GST/OPEX with scope to increase the net rental income to over $110,832.39 by leasing the remaining vacant space.

With retiring vendors motivated to sell, this is a rare opportunity to secure a prime asset in a thriving town.

For more information and to arrange a viewing please contact us.

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