Asking Price $650,000 plus GST (if any)
Colliers is proud to present a fully tenanted retail and office investment opportunity in the heart of Cromwell's shopping precinct - The Mall.
Positioned within the town's dedicated retail centre, this two-level commercial property sits on a 242sqm freehold site, offering approximately 280sqm of lettable area across three tenancies. With a 12.8m frontage to the pedestrianised retail centre and dual access, the property enjoys excellent accessibility.
Key Features
- Freehold title in the Business Resource Area zone
- Strategic Cromwell CBD location within The Mall
- Three tenancies across two levels
- Current net rental income $46,581.55 + GST & Outgoings
- Staggered lease expiries with structured rental growth
- Rear vehicle access plus nearby casual car parking
Surrounded by a mix of retail, hospitality, and professional services, the property benefits from foot traffic from the central Mall and strong local demand. Continued residential growth in nearby developments, including Wooing Tree Estate, further underpins long-term investment potential.
A tightly held opportunity in Cromwell's commercial core, secure your position in this growing Central Otago market.
For further information or to access the data room, please contact agents Anna Rawling or Rory O'Donnell.
