This property is currently leased to Stitchbird Fabrics, a well-established fabric and homeware retailer, generating a net income of $23,886 + GST per annum.
Featuring a large glass frontage, this space enjoys excellent natural light. The 96sqm ground floor is utilised as a retail showroom, while the upstairs mezzanine provides additional storage and a staff area, complete with a kitchenette.
Versatile and well-positioned, this tenancy is ideal for retailers or office use.
Neighbouring tenants include Farmers, Chemist Warehouse, Countdown, and BNZ, with a variety of service and food businesses nearby.
Convenient accessibility, just 3 minutes' drive to Wellington Airport and 10 minutes to the CBD.
This property presents a fantastic opportunity for first-time investors or those looking to expand their portfolio. Sitting at the affordable end of the commercial property spectrum, it offers an attractive entry point into the market.
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https://www.propertyfiles.co.nz/property/25_22BayRoad