Price reduced, buy 6.5% return
*SOLE AGENCY*
Key features:
• Investment with 2 tenancies
• Returning net of $55,730pa + GST
• 180sqm (approximately) live/work unit over three levels
• Opposite Sylvia Park shopping centre
• Central location close to motorway
This quality live work unit is fully tenanted with two tenants, providing a returning net of $55,730pa + GST. The unit is 180sqm (approximately) plus balcony over three (3) levels and is modern concrete tilt panel construction. The ground floor includes 63sqm (approximately) of showroom with its own amenities and is leased to one tenant. The middle level includes 19sqm (approximately) of office space, with bathroom, and 35sqm (approximately) of storage space. The top level of 63sqm (approximately) includes a two (2) bedroom apartment, bathroom, kitchen, and open plan living area plus a north-facing balcony. Includes two (2) car parks plus visitor car parks.
Investors looking for location, quality and value with a return of 6.5% should enquire before this is sold.
For further details and to arrange a viewing please contact the Sole Agents:
Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz
Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz
Key features:
• Investment with 2 tenancies
• Returning net of $55,730pa + GST
• 180sqm (approximately) live/work unit over three levels
• Opposite Sylvia Park shopping centre
• Central location close to motorway
This quality live work unit is fully tenanted with two tenants, providing a returning net of $55,730pa + GST. The unit is 180sqm (approximately) plus balcony over three (3) levels and is modern concrete tilt panel construction. The ground floor includes 63sqm (approximately) of showroom with its own amenities and is leased to one tenant. The middle level includes 19sqm (approximately) of office space, with bathroom, and 35sqm (approximately) of storage space. The top level of 63sqm (approximately) includes a two (2) bedroom apartment, bathroom, kitchen, and open plan living area plus a north-facing balcony. Includes two (2) car parks plus visitor car parks.
Investors looking for location, quality and value with a return of 6.5% should enquire before this is sold.
For further details and to arrange a viewing please contact the Sole Agents:
Mike Marinkovich
021 779 117
mike.marinkovich@bayleys.co.nz
Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz
Key features
Occupancy
2 tenancies returning $55,730 pa net
Floor area details
180sqm (approximately) over 3 levels
Location
Opposite Sylvia Park shopping centre
Zoning
Business - Mixed Use
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.