309-311 Oxford Street, Levin, Horowhenua
By Negotiation
1,843m2
792m2
+23
+22
For Sale - 309-311 Oxford Street, Levin
Land and buildings – multiple tenants – prime location Property overview An exceptional opportunity to secure a high-profile freehold commercial investment on Levin’s main arterial route, State Highway 1. This well-established Caltex Service Station property at 309–311 Oxford Street offers the land and buildings for sale, with three tenancies providing diversified income and long-term potential. Situated in a prime position with outstanding visibility and access, this property services both local and passing traffic and is surrounded by complementary commercial uses. Key details: • Address: 309–311 Oxford Street, Levin • Land Area: 1,844m2 (more or less) • Floor Area: 792 m2 (more or less) • Tenancies: 3 • Net Rental: $122,000 per annum • Rent Reviews: Not yet exercised (income growth potential) • Ownership: Freehold land and buildings Property features: • Established Caltex Service Station site with excellent exposure and access • Multiple tenants providing income diversity • Modern double-skinned fibreglass fuel tanks (owned by the service station business) • Petrol pumps also owned by the business (excluded from the sale) • Well-maintained buildings with significant roof replacements: • Main shop roof replaced 2015 • Workshop roof replaced 2018 • Rear building roof replaced 2002 • Commercial zoning allows for flexibility and long-term development potential Summary This is a rare opportunity to acquire a prominent, income-producing commercial property in the growing town of Levin. With its proven service station operation, established tenants, and potential for rental growth, 309–311 Oxford Street represents a strong investment in a strategic Lower North Island location.
309-311 Oxford Street, Levin, Horowhenua
Web ID
LC168253
Floor area
792m2
Land area
1,843m2
District rates
$7,443.90pa
Regional rates
$855.11pa
LV
$960,000
RV
$1,590,000
By Negotiation
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