Owner Occupier with Additional Rental Income

Property ID 1635725

Available to occupy is a contemporarily designed ground floor warehouse / office / showroom area of 868m2* on Blenheim Road. The property enjoys a warm sunny northerly aspect. The ground floor has been previously used by Holmes Consulting Group as offices, following the February earthquakes, but has now been converted back to its original showroom/warehouse use. The office/showroom of 322.8m2* has been opened up to the warehouse (545.20m2*) area providing a large open flexible showroom floor area with container door access from the side. Advantaged by 10 onsite car parks allocated with the vacant ground floor area (total for the building is also 14). The first floor offices (5a) of 171m2* are currently leased so an opportunity exists for an owner occupier to occupy the 868m2* ground floor area and collect $45,000pa rent from the first floor tenant. An easy to find location being behind the well established furnishings business Hubbers and the popular cafe "Dose". (* approx.)

Call Paula Raine 027 221 4997 for further information.

Price for Sale: Vendor may consider offers + GST (if any)

Key Information
Tenancy StatusCurrently Tenanted
Annual Yield (Gross)N/A (Marketed Without Price)
Annual Yield (Nett)N/A (Marketed Without Price)
Title SchemeNot Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.