JLL are pleased to present this substantial commercial building in the heart of Ashburton town centre for sale, offering vacant possession of part with some investment income from a small tenancy as part of the building. Any sale would be subject to title.
The property is positioned at the corner of Tancred Street and Cass Street just one block back from State Highway 1 which runs through the middle of the town.
The building offers a large tenancy providing approx. 2,139sqm of retail space which will be vacated by Briscoes in May 2023. There is an adjoining vacant space of 191sqm. The third tenancy of approx. 151sqm leased to Liquor Centre provides a small investment income. Neighbouring tenants include City Fitness, Number One Shoes and NZ Bed Company. This building benefits from a large car park shared in common with neighbouring tenants mentioned.
This represents a great opportunity for an owner occupier to secure a central, convenient and easily accessible building.
Main Features:
- Ashburton Town Centre
- Corner position with great signage opportunities
- 2,139 sqm vacant tenancy (approx.)
- 191sqm vacant tenancy (approx.)
- Net income stream of $27,180 pa plus GST
- Plenty of customer parking (shared)
- Zoning – Business A
- Opposite Eastfield Mixed Use precinct
- Good delivery access and storage bay
- Subject to title
For more information contact the exclusive listing agent Karen Collis 021 344 589