This exceptional 148m2 freehold commercial investment property is located in Whangarei's CBD and offers an outstanding investment opportunity. The property comprises 116m2 modern street level retail premises leased to a well established jewellery business. The retail area features a spacious and immaculate showroom. In addition to the retail space the property also includes a luxurious first floor, two bedroom apartment that is currently leased. The combination of the established retail lease and the high end apartment lease provider is a unique opportunity for the savvy investor.
• 148m2 freehold central CBD property
• Renovated to a new high standard and full compliance
• Commercial lease - six year first term plus ROR's
• Seismic rating 67% NBS
• Generated net income $73,000 plus GST