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Temuka, 93 King Street

Prime Investment Opportunity - 7.3% Return

$415,000 Plus GST (if any)

Listing Number: TM1181
About this listing
Quality single tenanted investment property in prime location with blue chip tenant and a fixed lease in place until 2022, with 2 further rights. With a fixed rental increase in place this offers the new buyer 7.3% return.
Extensive strengthening has been completed - NBS 88%.
Phone Jill now to enquire.

Please be aware the floor and land area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same.

Property Information
  • Approx Floor Area: 192 sqm
  • Property Type: Retail
  • Approx Floor Area
    • Office Square Metres: 192
  • Property Features: Building Name: ANZ
  • Parking
    • Carparks: 5
    • Uncovered: 5
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy 1: Commencement Date: 29 September 2019, Expiry Date: 29 September 2022, Review Dates: September 2022, 2025, Rights of Renewal: 2x3Years, Term (years): 2x3 ROR

Contact Details

Harcourts Temuka

Blackham & Co Real Estate Ltd

Licensed REAA 2008

86 King St
Temuka
Office website

Property Location

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