Commercial

Commercial lease on residential property

2/161 Goodfellow Street, Te Awamutu

Investment Opportunities
dollar

$835,000 Including GST (if any)

Bedroom
6
Bathroom
2
Floor area
190m²
Title type
Cross Lease

Property description

Listing # ORE148C|Listed on 4 November

High-yield investment opportunity.

This six-bedroom property is on a commercial lease offering a net return of approximately 7.5% per annum. It is currently tenanted by a national health service provider that has made a substantial commitment to the fit-out, including specialist equipment. Well located property-quiet and private.

Key details of the lease include:

  • Six bedrooms

  • Commercial Lease

  • Built-in rental growth

  • Reinstatement clause included

  • Tenant pays rates

Please let me know if you would like to receive further details or discuss this opportunity.

Viewing by appointment only

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Origin Real Estate Ltd (Licensed: REAA 2008)
Origin Real Estate Ltd (Licensed: REAA 2008)

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