A rare opportunity to secure a well known commercial property in the heart of Cheviot’s business precinct.
Anchored by well-established tenants including Allied Petroleum and Cheviot Supermarket (Four Square Supermarket), the property generates a current base net income of $37,230 + GST + OPEX, and an additional portion of turnover rent at approx $7,000 per annum, providing immediate returns for investors. Set on a 572 sq m (more or less) freehold site, it features dual accessways and a net lettable area of approximately 460 sq m.
Offered for the first time in 25 years to the market on an ‘as is, where is’ basis, 27 Hall Street presents an excellent entry level option.
For more information, contact the sole agent, Mike Lough.
The property is offered for sale by Deadline Private Treaty closing 4pm, Thursday 11 December 2025 (unless sold prior).
*Boundary lines are indicative only
Features:
- Strong tenant covenenant
- Strong commercial location
- Sold on an AIWI basis
- Multiple access ways
- Current income $37,230 + GST + OPEX + turnover income (average approx. $7,000 pa)
- Land area 572 sq m
- Approx 94 sq m vacant space
More information: https://www.colliers.co.nz/p-NZL67037170