A high quality showroom with auxiliary workshops, producing multiple income streams, situated on the popular Juliet Street in Stratford.

The 1,187 sqm site is improved by three buildings, with a total floor area of 684 sqm. The main showroom of 406 sqm is available to be occupied, having recently undergone extensive refurbishment, re-roofing and re-wiring.

An additional 3 tenants occupy the workshop space with a total return of $14,473 p.a. The market rental for the vacant showroom is $40,000 p.a which equates to a total gross return of $54,473 plus GST.

A great opportunity for an occupier to own their own space which collecting income to offset property costs.

Council Rates: $4,641

Insurance: $2,613

To be sold via Expressions of Interest.

For more information or to arrange an inspection contact:

Benet Carroll
0210 289 4537

benet.carroll@colliers.com

Please note: all floor areas are approximated only.
 

Features:

• Gross Market Income: $54,473 plus GST
• Extensively refurbished
• Prime location on Juliet Street
• Surrounded by quality businesses
• 4 x income streams
• Site area: 1187 sqm (approx.)

More information: https://www.colliers.co.nz/p-NZL67038797