Situated within a commercial growth location with direct road frontage, Unit 10/32 Turiwhatu Street presents a straightforward investment opportunity with an established tenant and immediate income.
The unit comprises approximately 69.7 sqm of floor area, complete with a consented restaurant fitout and two exclusive car parks. Its road frontage position provides strong visibility, while the commercial zoning supports a wide range of uses.
Returning $33,275 plus GST per annum with guaranteed rental growth built into the lease, the property offers reliable, increasing income in a location that continues to attract occupier demand.
Opportunities at this price point, with a consented fitout and tenanted income already secured, are increasingly hard to find. At $605,000 plus GST (if any), this is a sensible option for investors looking to enter or grow their commercial portfolio.
Contact Rich Davidson or Dan Rae for more information.
Features:
- Total floor area: 69.7sqm (approx.)
- Current rental: $33,275 + GST
- Two exclusive car parks
- Established tenant
- Consented restaurant fit out
- Road frontage location
- Commercial zone
- Growth location
More information: https://www.colliers.co.nz/p-NZL67038648
