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68 Victoria Street, Cambridge, Waipa, Waikato, 0 bedrooms, 0浴, Retail Property
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$1,250,000

68 Victoria Street, Cambridge, Waipa, Waikato

250m2
145m2
school zone
$7,426/Monthly repayments
Based on estimate value

• Price is inclusive of GST. The vendor is not GST registered. Successful purchaser if GST registered could apply for a GST refund

• Tenanted retail investment in sought-after Victoria St location

• On the market for the first time in 52 years

• Holding income $46k on brand new 5 year lease

• Development potential for 2nd tenancy upstairs

• Private entrance to vacant upstairs premises

Offering a rare opportunity to acquire prime Cambridge main street real estate, these high-profile retail premises in the heart of the busy and tightly held Cambridge CBD are on the market for the first time in 52 years.

The ground floor premises (129m2) are currently home to Sushi Plus on a recently renewed 5-year lease (expiry January 2028). Upstairs, another 96m2 (approx.) of open plan space with an additional mezzanine level (26m2) presents endless opportunities to the new owners. Earthquake strengthened to Waipa DC standards and partially refurbished - this space presents as a great blank canvas for the new owners to complete a fitout to their own specifications and offers significant potential for a second tenant to provide additional income.

Historically, the existing downstairs premises have operated as two separate retail stores, providing another longer-term option with the potential for 3 separate tenancies.

Don't miss your chance to secure this premium retail location. Call today for more information and to explore the opportunities that this fantastic property presents.

Viewings by appointment only.

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Council Data

Last update : 2024 04 24
Improvement value$350,000Increased by 775% from year 2019
Land value$900,000Increased by 83% from year 2019
CV(Year 2022 Month 08)$1,250,000Increased by 135% from year 2019
土地面积
土地面积145m²
建筑面积
建筑面积250m²
建造年代
建造年代1910
地契编号
地契编号SA17/160
地契类型
地契类型Freehold
法律描述
法律描述PT LOT 2 DP 28
市议会
市议会Waipa
产权描述
产权描述FSIM,1/1,PART LOT 2 TOWN OF CAMBRIDGE EAST,145m2
建筑规格
建筑规格External Walls: Concrete Roof: Iron
建筑现况
建筑现况External Walls: Average Roof: Average

Property history

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For developers

Unitary plan:-
Land:145m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Last update:2023-02-25 20:10:34