712-716 Fergusson Drive, Elderslea, Upper Hutt, Wellington

712-716 Fergusson Drive, Elderslea, Upper Hutt, Wellington High Profile Investment

BEO $1,200,000 Plus GST (if any)

This high profile site is directly fronting onto Fergusson Drive, numbers 712, 712a, 714 & 716 just south of Upper Hutt City Centre, and sits directly across the road from the Broadway shopping centre. Your income is secured by this high-profile site that is multi-tenanted, with currently 3 individual fixed term leases to the well-known and iconic Hell Pizza, Curry-Land Restaurant & Mays Takeaways, with patronage extending across the region. A further rented 2 bedroom residential home original to the site, built in the 1920's, is situated down the drive.

* 3 single level shops with total of 240sqm approx. (commercial)

* New NBS

* Well established tenants,

* A 2 Bedroom home 90sqm approx. (Residential)

+ Separate lounge

+ High stud

+ Deck area

+ Garage

+ Its own fenced off garden section

* Extra parking out back

* Total land area of 1012sqm

* All under one Free Hold Title

* Returns approx. $55,364.10 excluding GST. per annum (Commercial part)

* Returns approx. $31,200.00 per annum (Residential part)

* Plus GST (If Any) applies only to the commercial part of the property.

Do not miss this opportunity, call Alex Paques on 021 685 372 to acquire further information. Viewing by appointment only.

For more information: Text 712ferg to 3324 for the web book of this property.