Suburban Retail
Fully leased shop, 159m2, with reliable tenants on a one and half year lease to run, then a three-year right of renewal option.
Would suit a small first time commercial investor wishing to get a start on the commercial property ladder. With approximately a 6.25% net return this compares better than current residential net returns.
Main Property Features
Listing Number: HA25582
Approx Floor Area:
160 sqm
Land Size:
160 sqm
Property Type:
Other (Fish and Chip shop)
Approx Floor Area
- Retail Square Metres: 120
Commercial information
- Zone: Suburban Commercial
Tenure:
Fee Simple
Harcourts Napier
Regent Realty Ltd
Licensed REAA 2008
Napier South
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