Commercial

Big return, one smart investment

234 - 236 Stafford Street, Timaru

Retail Property
dollar

Negotiation

Floor area
356m²
Land area
544m²
Title type
Freehold

Map

Property description

Listing # 5531073|Listed on 7 August
  • Two adjoining freehold titles
  • Prime Stafford Street location
  • Two established retail tenants
  • Returning strong holding income

234–236 Stafford Street presents an opportunity to secure a commercial investment in the heart of Timaru's retail precinct. Comprising two adjoining buildings on separate freehold titles, these properties are available for sale together or separately, providing investors with flexibility and dependable income.

234 Stafford Street comprises a 211sqm freehold site with a floor area of approximately 205sqm, while 236 Stafford Street offers a 333sqm freehold site with an approximately 151sqm tenancy.

Positioned on sought-after Stafford Street, the properties are occupied by established retailers, The Lolly Shop and Stompz Shoes, currently returning $65,040pa plus GST.

Whether you're looking to expand your portfolio or secure an investment with future upside, this dual-title opportunity is well worth your consideration. Offered to the market with absolute motivation by our determined owners.

Contact the Sole Agent's today to arrange a viewing.

Your notesYour notes
Whalan and Partners Ltd (Licensed: REAA 2008) - Bayleys, Christchurch

Alex White

Sales and Leasing | Whalan and Partners Ltd (Licensed: REAA 2008) - Bayleys, Christchurch
106 active listings
Whalan and Partners Ltd (Licensed: REAA 2008) - Bayleys, Christchurch

Stewart White

Licensee Salesperson | Whalan and Partners Ltd (Licensed: REAA 2008) - Bayleys, Christchurch
18 active listings

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