124 Palmerston Street, Westport, Buller
$115,000 + GST
304m2
310m2
+21
+20
Prime Westport Café – Ready for Your Touch!
Discover a wonderful opportunity in the heart of Westport's main street! This beloved daytime café has built a stellar reputation and is now ready for its next chapter. The space itself is a real gem – generous premises seating up to 47 guests indoors, plus over 20 undercover outdoor area. It's perfect for hosting groups while maintaining that warm, welcoming café atmosphere that keeps people coming back. What makes this café special? It's earned a fantastic reputation for quality food, all lovingly prepared onsite. The cabinet brims with irresistible treats, while the breakfast and lunch menu offers something delicious for everyone. Beyond the café doors, there's an established catering arm serving weddings, corporate events, and celebrations. The loyal customer base speaks volumes – regular groups and devoted patrons who appreciate honest, delicious food and genuine hospitality. This is a business built on understanding what customers truly want. Everything's in place for a motivated new owner to step in and continue this success story. Don't miss this gem! Great buying, stock and plant $115,000 plus GST (if any)
124 Palmerston Street, Westport, Buller
Web ID
WEC214784
Floor area
310m2
Land area
304m2
Regional rates
$Included in leasepa
$115,000 + GST
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Looking for a lucrative investment opportunity in the bustling town of Westport? Look no further. We have an exciting offer for you - two connected dwellings on one title, with tenants already in place. This 330m2 building sits on a spacious 400m2 section and is split into two commercial spaces. The first is home to the popular Smileys Takeaways, while the second is leased by Literacy Aotearoa as an office building. Each space has its own storeroom and toilet facilities, providing a convenient and practical setup for both tenants and customers alike. Located on the busy main street of Westport, these commercial spaces are well placed among the town's retail hub. With a great location and established tenants, this is an excellent opportunity to generate passive income and watch your investment grow. Don't miss out on this exciting opportunity - contact us today to learn more about this investment gem in Westport.
By Negotiation
3
Good income and tenants. Income $39,520 + outgoings and GST. Freehold section 407m2 with building 377m2. The building does require seismic strengthening by 2034. Well located. 13.86% return that will finance the upgrade when required.
$285,000 + GST (if any)
Savvy investors, here's an exceptional opportunity that ticks all the boxes! The Numbers That Matter: Strong 10% return Fresh 2+3+3 year lease in place Tenants cover rates and insurance – minimal landlord outgoings Fixed price – ready to transact The Property: 122 Palmerston Street, Westport, this well-positioned commercial premises with a versatile, functional layout that appeals to a broad range of retail tenants. The current configuration works beautifully, yet offers flexibility for future lease renewals. The Tenant: Excellent with an established chain of mobile phone retail stores known for quality service and accessories. They're growing their footprint and committed long-term – exactly the kind of tenant that provides peace of mind. The Opportunity: This is textbook commercial investment: strong returns, quality tenant, new lease security, and minimal landlord responsibilities. Perfect for first-time commercial investors or those looking to add a solid performer to their portfolio. Properties like this don't last long. Express your interest today to avoid disappointment.
$195,000 + GST (if any)
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