228 Dee Street And 11 Earnslaw Street, Avenal, Invercargill City

price TBC

1,723m2

Land Area

1,660m2

Floor Area
sold-flag

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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Tim Frampton

Tim Frampton

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IC214405
Carl Johnston

Carl Johnston

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About the location


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