This substantial property is being offered for sale in the heart of the Invercargill CBD. First-floor tenancy leased at $150,000 per annum + GST and OPEX approx. 5-year term with rights of renewal remaining. The opportunity lies on the vacant ground floor, which is a modern office/retail space with approximately 540m2 of usable space. The prime location and outstanding building would suit well to lease as is or redevelop and capitalise on this sought-after location. Current NBS 79%. The property holds 14 car parks with 7x held vacant for the ground floor. Floor-to-ceiling glass allows for maximum light. Located on the corner of Kelvin and Spey Street, the property benefits from excellent exposure and is just around the corner from the new $165m Invercargill Central Bock and Shopping Mall. Seldom are properties of this stature available in Invercargill, call listing agent Rhys White for more information 027 696 1101.
Please Note: Land Measurements are approximate and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (ie: Regional/City Councils, Property Guru, Core Logic etc) We cannot however verify its accuracy and suggest this should not replace independent clarification through standard due diligence.