52-56 Oxford Street, Levin, Horowhenua
price TBC
980m2
Exceptional multi-tenanted investment opportunity
52-56 Oxford Street Levin, Horowhenua •Split-risk investment across six income streams •Combined total income of $80,832.39 per annum with option to add additional circa $30,000 •Prominent location on Oxford Street •Floor area 980sqm (approximately) split over two levels Positioned on the south side of Levin’s thriving CBD, 52-56 Oxford Street is a premium multi-tenanted investment property. With its prominent location and broad tenant mix, this property offers both stable income and add-value or owner-occupier potential. The property comprises a total floor area of 980 sqm with three separate retail premises on the upper level that front busy Oxford Street. Each are approximately 200 sqm. On the front facade of the building above the verandah, QMS NZ Media lease signage rights The lower level is accessed by a rear service lane and comprises a number of newly constructed storage bays and are occupied by a variety of businesses who require safe and secure storage facilities. 52-56 Oxford Street currently returns $80,832.39 per annum plus GST/OPEX with scope to increase the net rental income to over $110,832.39 by leasing the remaining vacant space. With retiring vendors motivated to sell, this is a rare opportunity to secure a prime asset in a thriving town. For more information and to arrange a viewing please contact us.
52-56 Oxford Street, Levin, Horowhenua
Web ID
KPC201433
Floor area
980m2
District rates
$7,371.77pa
Regional rates
$305.04pa
LV
$180,000
RV
$340,000
price TBC
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