A fantastic opportunity exists to purchase land and buildings in the heart of Motueka's CBD on the High Street. The vendors are motivated to sell, so bring all offers.
Key Considerations:
• Exceptional opportunity for an owner occupier or investor.
• NBS earthquake score 67% plus for entire building
• Corner building site. Prime 460 m2 freehold site (More or less).
• 650 sqm of floor space (Approximately).
• 2 x High profile Retail Shop Fronts (Both occupied on Rolling leases).
• 3 x Renovated, 1 bedroom Residential Apartments on 1st floor, with direct separate stair access - ALL TENANTED
• Current Net income of $115,000 P.A
• High visibility site on Motueka's Main Street in the heart of the CBD.
• Situated amongst retail, hospitality, cafes, restaurants.
• Very good foot and vehicle traffic.
• Motueka CBD has a wide appeal for businesses and shoppers, with its numerous retailers, food & beverage options and two • • • supermarkets. The High Street site is accessible for tenants and clients, with 3 off street parking sites for tenants and public car parking options nearby.
Business activity in Motueka's CBD has benefited by a growing residential catchment. The Motueka area has benefited from new residential subdivisions bringing a stronger level of growth to the region and the town centre. With the increased housing and development, many businesses are seeing new opportunities and choosing to locate in Motueka.