Offlined
Situated in the heart of the rapidly expanding township of Rangiora is a fully leased investment waiting for the next owner. The 3 units are leased to 2 established tenants; Guthrie Bowron and SNAP Fitness. A solid landholding on 3 titles (8 & 10 High Street & 12 Grant Place) underpins the value of the asset.
Key Facts:
Income $312,277 plus GST
Combined RV $5,840,000
WALT 5.63 years
1275.6 sqm building
3 titles
3244 sqm land plus access way
3 points of access from the street
Contact Debbie Johnson (021 0515 225) today for further information & a property pack.
The floor areas are approximate only and have not been independently verified. We recommend the (tenant / purchaser) seeks their own expert assessment from a suitably qualified professional.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 24 | $660,000 | Council approved | |
 | 0.23 km | 2 | 1 | 86m2 | Year 2024 Month 04 Day 11 | $610,000 | Council approved | |
 | 0.11 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 03 | $715,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 02 | $1,985,000 | Council approved | |
 | 0.20 km | 3 | 3 | -m2 | Year 2023 Month 12 Day 21 | $2,120,000 | Council approved |