7.5% return on this tenanted investment! $1,626,000
Looking for a commercial investment property returning better than 7.0%? Check out this smart, modern two-level office building situated only minutes from the Papakura motorway interchange and a short walk through the town centre to the railway station.
Well presented, the road front 605m² (approx.) building offers well-lit office space with a mix of open plan and partitioned areas. Including storage to the rear, accessed via a roller door there are 9 car parks on-site, 7 in front and two under cover.
New 3+2+2 year lease from 3 January 2020 at $122,000 pa net (+gst) to Integrity Business Solutions Ltd (Payroll & HR Specialists).
Don’t miss this opportunity, our South Island vendors want it sold!
For sale $1,626,000 (+GST) if any (7.50% return).
For more information and an appointment to view please contact the Sole agent.
To download the property file please paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC29924