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Freehold Investment Opportunity - 3 Buildings

Greymouth, 53 Gresson Street

$795,000 Plus GST (if any)

Listing Number: GM7013
About this listing
We are very pleased to offer this large 5208m² freehold site situated on the fringe of the Greymouth CBD. The site has 3 separate commercial buildings two of which (Bannock Brae 330m² and Radcliffe Electrical 411m²) will be sold leased each of 6 years in the package. The third building on site (300m²) is currently vacant opening options for an owner operator investment. The site also provides additional potential for expansion or development. All confidential enquiries welcome.
Property Information
  • Approx Floor Area: 1041 sqm
  • Land Size: 5208 sqm
  • Land area
    • Yard Square Metres: 4167
  • Tenure: Fee Simple
  • Parking: Uncovered: 30
  • Property Type: Warehouse, Land, Tenanted Investment, Design Build
  • Approx Floor Area
    • Warehouse Square Metres: 1041
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 46200
  • Tenancy 1: Commencement Date: 2017-08-01T00:00:00.0000000, Expiry Date: 2023-07-31T00:00:00.0000000, Rental net/gross p.a.: 32,000 + GST, Review Dates: 2 years, Rights of Renewal: Yes, Tenant Name: Radcliffe, Term (years): 6 years
  • Tenancy 2: Commencement Date: 2017-10-01T00:00:00.0000000, Expiry Date: 2023-09-30T00:00:00.0000000, Rental net/gross p.a.: $14,200 + GST, Review Dates: 2 years, Rights of Renewal: Yes, Tenant Name: Bannock Brae, Term (years): 6 years

Contact Details

Property Location

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