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Multi-Tenanted Affordable Industrial Investment

109 Colombo Street, Frankton

Industrial Buildings
dollar

$985,000 Plus GST (if any)

Floor area
600m2
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Property details

Listing # 67040291 | Listed on 14 May

Get in early on this affordable industrial investment in the heart of Frankton, just a couple of minutes to the CBD and a few metres from Greenwood Street. Three (3) established tenants returning $59,341pa net. New clean and tidy leases to all tenants which feature regular rental increases/reviews. Excellent seismic rating and a freehold fee simple (no body corp) title complete this affordable little gem that will keep working away for you.


Features:

  • Returning $59,341 pa net
  • Freehold fee simple title
  • Recently repainted and refurbished
  • New leases to established tenants


More information: https://www.colliers.co.nz/p-NZL67040291

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