175 Palmerston Street, Westport, Buller
price TBC
864m2
719m2
Commercial Investment
Prime location, located on one of the busiest areas of Westport's commercial area, being opposite New World supermarket. The building has been extensively upgraded to a high standard and has a total floor area of 810sqm that is divided into retail showroom 170sqm; 95sqm offices; 465sqm workshop and 80sqm mezzanine storage. This provides many options for use, as it has off street parking on the freehold 864sqm section and drive in access to the large workshop area. If leased, we would expect net 7.5% - 8.5% return. Inspection will impress.
Chattels
175 Palmerston Street, Westport, Buller
Web ID
WEC92432
Floor area
719m2
Land area
864m2
District rates
$6558.70 pa
Regional rates
$278.19 pa
LV
$88,000
RV
$345,000
price TBC
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Medium sized commercial space on Westport's Main Street available for sale. Contains good sized workshop space and adequate street facing office facilities. Location is excellent being directly opposite Westport's largest retail store (Mitre 10). Suitable for a wide variety of commercial operations with suitable consent. Average per square metre rate for workshop space in Westport is $85-95/anm plus rates and outgoings.
$220,000
Right in the heart of the commercial centre of Westport this property presents good investment opportunity. Good return, 9% and leased to ASB, Property Brokers and successful Shushi Bar. The 374 sqm concrete block building is above 80% of National Building Standards and has been very well maintained. Freehold section and inspection will impress. Westport is in a very positive phase of economic development and having a new lease of life. Information pack available.$590,000 plus gst if any
$590,000 + GST (if any)
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