Great Investment

$3,200,000 plus GST (if any) with a long lease. Auto increase every 3 years to CPI aggregate. Present rent $249,780 with next increase due August next year. Presently returning 7.8% nett p.a. Prime position, tenant pays the rates, insurance and maintenance, EQ code from 70-100 %. On the market for the first time in years from today. You will need to be very quick!


Additional Features

  • Building Name: H and J Smiths Car Park

Wayne Hill (Phone 03 218 7124)
Wayne Hill
Commercial Sales
Dave Penny (Phone 027 454 5813)
Dave Penny
Residential & Lifestyle Sales
Harry Gregory (Phone 021 221 8746)
Harry Gregory
Commercial, Lifestyle & Residential Salesperson
200 Clyde Street
West Invercargill
Ref# LS1638
For sale in a high profile site is this well utilised property. Leased to ACM New Zealand. This is a no hassle...
$425,000 pus GST if any