Affordable commercial investment

A very rare opportunity to secure a commercial property in a suburban location.

Currently leased by 2 occupiers, 1 on a proposed fixed 3 year lease and one on a monthly lease of $ 1600 per month plus opex.

Located with access to St Albans, Merivale , CBD and Papanui, this property has many options as an investment, move from the work from home to an office set up, or just invest your money for a good cash flow return.

This property is a single level commercial property with good street frontage, multiple car park options on the street, good neighbourhood in a complex of 6 commercial fully leased commercial properties. The property is 66 sqm on a freehold title of 92 sqm and built in the 1950s. This property has a shared open plan reception area, 2 separate offices for the 2 leases and a shared kitchen and bathroom facilities. Additional rear storage is an added advantage. Current owner has owned since 2013.

Viewing is strictly by appointment