SECURE COMMERCIAL INVESTMENT

36 & 38 Matthews Ave, Kaitaia

Office Building

Asking Price $1,800,000 Plus GST (if any)

1107m²

2832m²

Property description

Listing # L18972126|Listed on 20 July

An outstanding opportunity to acquire a high quality fully leased commercial investment with great lease terms. One building being occupied by a long-term tenant for over 10 years. The location has high exposure and profile in a light industrial trade strip, which will always be in hot demand.

Three separate commercial buildings, occupying approximately 2,852m2 freehold site, each building leased to separate tenants.

Features:
Building One - 535m2- Retail (Motion Spanhake Engineering)
Building Two - 258.5m2 - Office's (Department of Internal Affairs)
Building Three - 314m2 - Showroom, Workshop and Storage (Novus Glass)

Net annual return over $122,000 plus GST and outgoings.

This is an excellent passive investment with future upside potential. A great long-term hold for any astute investor looking for dependable long-term returns.

$1,800,000 plus GST (if any).

Contact Carla Yates on 027 483 3612 or Gary Steed on 027 414 1725 for a viewing or more information.

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