High yield and anchored by a national tenant

With a premium main street location and an A grade national business as the anchor tenancy, this is a rare commercial offering at a very affordable price! Including:

• Combined annual rental of $55,000 + Outgoings + GST per annum.
• Retail Area A with a new lease to a bottlestore (lease expiry 2052 if all rights of renewal are actioned)
• Workshop Area B with a high stud and roller door which is leased to a nation-wide business (lease expiry 2036 if all rights of renewal are actioned)
• Freehold 688sqm, zoned Business
• Approximately 24m of frontage to State Highway 7, presenting fantastic marketing opportunities for tenants
• A dual access site which includes a large rear yard

Culverden is a well-established agricultural hub in North Canterbury so if you are looking for an investment property with fantastic returns, 31 Mountain View Road is well worth your prompt inspection. For further information and to arrange your viewing please contact Harley today.

Asking price: $595,000 + Plus GST (if any).

Disclaimer: Some of the information relating to this property has been sourced from Property Guru and we have not been able to verify the accuracy. We advise purchasers to make their own independent inquiries.