GBU is proud to bring this rare and affordable opportunity to the market.
The property is in two separate titles, being 396D & 396E High Street, so the option to purchase one or both properties currently exists.
Offers over $365,000 plus GST if any for 396E High Street, Motueka &
Offers over $520,000 plus GST if any for 396D High Street, Motueka
Currently 396D has a well-maintained warehouse leased to an established tenant and 396E has a recently refurbished building with a long-term lease in place.
With a total net annual rental of $54,800, split $32,800pa for 396D High Street & $22,000pa for 396E High Street.
Leased to Nelmac Limited since 1 October 2020 and Bingo Skip Hire on a new 4-year lease from 1 April 2025. This popular location has always been well sought out by Tenants.
396D has a gross building area of 220m2 on land of 830m2 and 396E has a gross building area of 130m2 on land of 913m2.
This is a golden opportunity for any investor wishing to add value or owner / occupier that wants to take advantage of purchasing an affordable property in the tightly held market of Motueka.
Viewings are available by appointment only, so don't hesitate to call Craig today to schedule an inspection.