228 Dee Street And 11 Earnslaw Street, Avenal, Invercargill City
price TBC
1,723m2
1,660m2
PRIME POSITION and PROFILE!!!
This strategic corner site represents a strong commercial investment with outstanding future potential. This is a modernised and well-maintained building that provides immediate income, the property’s prime location with exceptional visibility offers clear upside for possible future development opportunities. With Popeyes now established in their brand-new commercial development on the next corner and KFC opposite, there is plenty of activity in this most sort after commercial area. Add McDonalds on the corner site in the opposite direction, the location can't be questioned. Recent major upgrades including EQ work to achieve a 75% NBS rating and extensive maintenance, the building is setup well for its futures owners. Six tenants spread the risk well over the site and history has shown the location has always leased well. A fully tenanted EQ compliant building of this calibre sitting on such a prime 1723m2 corner site split over 2 titles, this will always attract attention so this property will be a valuable addition to many portfolios. Currently returning approx. $164,000+ plus GST NETT, with future upside. Don’t hesitate - call today.
228 Dee Street And 11 Earnslaw Street, Avenal, Invercargill City
Web ID
IC214405
Floor area
1,660m2
Land area
1,723m2
District rates
$13,117.39pa
Regional rates
$1,278.50pa
LV
$870,000
RV
$1,605000
price TBC
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