118 Palmerston Street, Westport, Buller

price TBC

304m2

Land Area

160m2

Floor Area
sold-flag

Commercial building with tenants and location

This property has long history of owner occupier and currently for sale with the vendor renting back. Quality hair salon in one section and haberdashery in the other half. The building does need maintenance, but this will be both rewarding and financially viable given location. Maintenance report and Seismic strength assessment report available. Owner happy to discuss price and rental options. Price is + gst if any

Chattels

Fixed floor coverings, Light fittings
118 Palmerston Street, Westport, Buller

Web ID

WEC97199

Floor area

160m2

Land area

304m2

District rates

$6,524.70 pa

Regional rates

$220.03 pa

LV

$74,000

RV

$135,000

price TBC
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About the location


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Prime location with national tenant that returns 7.8%. This prominent building has real character and charm of historic note. Two storey with the first floor for bank retail and services, while the second floor had previously been a managers residence. The building has just completed extensive maintenance with exterior painting and is at 67% National Building Standard for earthquake compliance. Leased with right of renewals going through until September 2030. Information pack available. Enjoy owning this special building. Price is plus GST if any.

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This property has long history of owner occupier and currently for sale with the vendor renting back. Quality hair salon in one section and haberdashery in the other half. The building does need maintenance, but this will be both rewarding and financially viable given location. Maintenance report and Seismic strength assessment report available. Owner happy to discuss price and rental options. Price is + gst if any

From $120,000 + GST (if any)

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By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
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