Available for sale - 156 Commerce Street, Kaitaia, well known as "The Northland Age" building, a Landmark property steeped in Kaitaia's colourful history.
The property comprises of a land area of 766 square metres (more or less) contained within a freehold fee simple title. The building is approximately 550 square metres and provides both offices and warehousing, prominently located on Kaitaia's main commercial street.
Offering multiple income streams through two well-known tenants - The Northland Age (now NZME) and locally run and well-known Top Print, both long-standing tenants providing surety to Investors and returning a current combined current net rental of $48,859 per annum.
With well-established quality tenants, this property is ideal as an entry level investment or an addition into an investment portfolio.
The hard work has been done here - Earthquake strengthened, recent re-roofing and re-carpeting of the offices - making this building a desirable asset.
Zoned Commercial under the Far North District Council Operative Plan, the building benefits from the Commercial activity in the surrounding business centre, and road front location.
Please call Glenda West for more information and a property pack.