Offlined
• Prime Ohakune CBD multi tenanted investment
• Includes north facing serviced corner development lot providing added value over and above yield
• Three freehold titles totalling 3,033sqm (more or less)
• 74% NBS seismic rating – extremely rare in the region
• Premium tenants, including MSD, Westpac and New World on a 12-year term
• Income *$189,131.71 +GST pa
Positioned on a prominent corner in the centre of Ohakune's popular township, this superb offering ticks all the boxes, including a significant yield return and the addition of the serviced development lot adding additional value above and beyond the day one return.
Well maintained, and with favourable lease terms in place, the property enjoys the low risk of multiple high-profile and long-standing secure tenants, including; New World, government tenant MSD, Westpac, NZ Post, Cheal Engineers, Chalet rentals, Ohakune Dental, Bayleys real estate, popular food outlet and premium office space or accommodation for the oncoming owner. The vendor currently receives additional seasonal income on the vacant corner lot, with such income, not included in the income statement.
Long term certainty has also been established in the region with Turoa ski field being taken over by Pure Turoa Limited.
Property of this calibre with spread risk profile are a rarity in the region, so don't delay in requesting the full information pack.
*Note: the income amount here recorded excludes GST, Rates & Insurance and includes, a small monthly amount payable by some tenants to the landlord, for a contribution towards maintenance and management (if any) refer lease terms.