Cnr Bank Street and Vine Street, Whangarei, Northland

Cnr Bank Street and Vine Street, Whangarei, Northland Trophy Investment Opportunity in the CBD

Take advantage of this opportunity to acquire a trophy asset, perfectly positioned on the corner of Bank Street and Vine Street, ensuring maximum exposure.

Key Investment Highlights:

•Total Rent: $178,220 split across six tenancies

•Commercial Tenancies: $94,500 pa from a bank and a bar/restaurant on the ground floor

•Residential Tenancies: $83,720 pa from four first-floor apartments, all healthy homes compliant

•Freehold Site: 402sqm in a high-profile location

•Split Risk: Diversified income from two commercial and four residential tenants

•Seismic Rating: 75% NBS (Grade B) – providing peace of mind for both you, your bank and the tenants

This property is an ideal investment for those seeking a stable and diverse income stream.

Contact the sole agents:

Nigel Ingham 021-562 919 | [email protected]

Daniel Sloper 021-022 10339 | [email protected]

For sale by Deadline Private Treaty closing 4pm, Thursday 24 October 2024 (unless sold prior).