48 - 52 High Street, Dannevirke, Tararua
Buyers $179,000+
490m2
+17
Steady earner in the CBD
Affordable commercial property with three separate income streams in a high traffic area of the centre of Dannevirke CBD area. This iconic Chamber of Commerce building has been constructed in 1910s has Strata title and total floor area of 490 m2 (more or less). Three rental units consist of: - Computer retail and repair shop (2 x 2 years lease); - Barber shop (4 x 1 year lease) - Boxing club on the first floor (soon to be vacant / has multiple possible uses). Based on asking price and current rent this building has an approximate return of 10% (could be increased when first floor space is released). This is a unique opportunity you wont want to miss, give us a call now!
48 - 52 High Street, Dannevirke, Tararua
Web ID
DC108911
Floor area
490m2
District rates
$9,275.58pa
RV
$213,000