Fully Tenanted Investment Opportunity

Ideal opportunity to add to your investment portfolio. Located in a prime Gladstone area on a busy main road. Comprising of four commercial tenancies ground floor plus four x two bedroom flats first floor. Excellent sealed off street customer parking at the front of the building. Provides a good mix of commercial and residential tenancies to diversify risk. Approximate floor area of 640m2 on a 827m2 Land area returning circa 9% at asking price.
Sale Price $850,000 + GST

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Main Property Features

Listing Number: IV42627

Land Size:
827 sqm
Property Type:
  • Uncovered: 9
Property Details:
Tenanted Investment
Fee Simple
Additional Details: 4x Commercial Tenants, 4 Flats, New electric meter boxes.
Tenancy 1:
Tenant Name: Liquid Laundromat
Tenancy 2:
Tenant Name: Gelicious Nails
Tenancy 3:
Tenant Name: A Streak Ahead Hairdresser
Tenancy 4:
Tenant Name: Golden Dragon Chinese Takeaways
Tenancy 5:
Tenant Name: 4x 2 Bedroom flats First Floor
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Licensed REAA 2008

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Harcourts Invercargill

Holmwood Real Estate Ltd

Licensed REAA 2008

182 Dee Street
Office website or View office details

Property Location