Freehold arterial investment on Nelson’s busy SH6, returning $45,970 net p.a. from two established food and hospitality tenants.
The 453 sqm commercially zoned site with a single level 250 sqm building sits in the heart of Tahunanui’s roadside strip, directly adjoining KFC and surrounded by modern commercial development.
Recently re-roofed with aligned leases to La Farina Pizza & Pasta Bar and Fresh As Bakery running through to 2031, this investment provides low maintenance holding income with a demolition clause offering future redevelopment and land banking upside.
Key features:
- Freehold 453 sqm (approx.) commercial retail site on SH6, Tahunanui
- 250 sqm (approx.) single level building, two street front hospitality tenancies
- Net income $45,970 p.a. from La Farina Pizza & Pasta Bar and Fresh As Bakery
- High profile strip, adjoining KFC and near recent commercial developments
- Demolition clause in place - development and land bank upside
For sale by Deadline Private Treaty, closing Wednesday 10 June at 3.00pm (unless sold prior).
Viewing strictly by appointment - contact Brad or Geoff now to visit this exclusive investment opportunity.
*Land and floor areas are approximates only
More information: https://www.colliers.co.nz/p-NZL67040200
