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26 Esk Street

$350,000 plus gst (if any)

Property Facts

Ref: 26725

$350,000 Plus GST (if any)

Sales type: Commercial Building to buy

Sale/lease: For sale

Land area: 337sqm

26 Esk Street, Invercargill

Ref: 26725

For sale - tenanted high profile premises

Currently showing 13% return on investment!

Consistent demand for space in this lucrative area ensures a strong investment with this popular premises in Esk Street. Prime CBD positioning, excellent foot traffic and two levels of space give several income streams. Retail space, office space and more create the potential for a range of businesses to be housed.

Engineer's report on file - strengthening work will add value to this building. The premises for sale covers 760sqm of floor area across two levels plus mezzanine floor on land area of 337sqm.

Ground floor space is leased with rental income of $25,000pa + gst + share of outgoings.

Second ground floor space is currently leased with rental income of $18,000pa + gst + (20% of) outgoings. New fitout. Lease from 1/11/12 for 5 years plus 2 rights of renewal of 5 years.

Please note, this is a multi-tenancy building. Tenants, dates and leases can change. Purchaser is advised to check fully at time of purchase.

• Two storey downtown building available for sale with existing partial tenancy

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26 Esk Street, Invercargill

Ref: 26725

Web Reference 26725
Property Type Commercial Building to buy
Floor area 760sqm
Land area 337sqm

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.