Multi-Tenanted Leasehold Investment

Property ID 1845022

For Sale By Negotiation

Leasehold Interest in Land & Buildings only

Multi-tenanted investment property with eleven tenancies

Current Rent $98,225 p.a. plus GST & Ground Rent $35,000 p.a. plus GST

Net Rent after all costs (Ground Rent & OPEX): $63,225 p.a. plus GST

Ground lease - final expiry 31 October 2051

Outgoings are paid by Tenants

Ample car park spaces, included in Rental

High profile location close to Te Puke town centre

Zoning: 168 - Commercial Business | 170 - Industrial Business

Call the Sole Agent now for full information memorandum

168-170 Jellicoe Street Te Puke BYPLTY 3119 NZ
-37.782878 176.322430
Key Information
Tenancy StatusCurrently Tenanted
Annual Yield (Gross)N/A (Marketed Without Price)
Annual Yield (Nett)N/A (Marketed Without Price)
Title SchemeLeasehold Title

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.