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Redwoodtown Investment

Blenheim, 74A Cleghorn Street

Contact agent for more information

Sold
Sold
Listing Number: BL8427
About this listing

SOLD - This listing was sold in July 2018.

AUCTION: 12.30pm Wednesday 25 July 2018, Harcourts, 1 Scott Street, Blenheim (Unless Sold Prior).
* Prime freehold investment for sale
* Building 227.17m² Verandah 111.05m²
* Good tenant on good lease
* Land area 799m² - zoned commercial
* Rent $35,000 increasing to $40,000 on 18.4.2019
* GV $405,000
Included in sale is a comprehensive list of plant and chattels owned by vendor
Property Information
  • Tenure: Fee Simple
  • Parking: Carparks: 7
  • Property Type: Retail, Tenanted Investment
  • Approx Floor Area
    • Retail Square Metres: 227
    • Canopy Square Metres: 111
  • Tenancy 1: Commencement Date: 2016-04-18T00:00:00.0000000, Expiry Date: 2025-04-17T00:00:00.0000000, Rental net/gross p.a.: 35000, Review Dates: 18 April 2019, 18 April 2022, Rights of Renewal: Two terms of 3 years each, Tenant Name: Ritual Cafe, Term (years): 3

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