Prime Retail Investment For Sale

SOLD - This listing was sold in December 2019
* Two Tenancies
* Good profile location
* Rental income $34,200. Tenants pay Opex.
* Ideal Mum and Dad investment
* Call Ross or Ben to view

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Main Property Features

Listing Number: BL8857

Approx Floor Area:
1011 sqm
Property Type:
Retail
Approx Floor Area
  • Retail Square Metres: 1011
Property Details:
Tenanted Investment
Tenure:
Cross-lease
Tenancy:
Total rental if more than 1 tenancy $ (+ GST): 34200, Additional Details: Total Income $34,200
Tenancy 1:
Expiry Date: 31 August 2020, Rental net/gross p.a.: 16,920.00 + opex, Review Dates: 1 September 2019, Rights of Renewal: 3x3, Tenant Name: 69 Queen Street, Term (years): 3
Tenancy 2:
Commencement Date: 01 February 2014, Expiry Date: 31 January 2020, Rental net/gross p.a.: 17,280 + opex, Review Dates: Nil, Rights of Renewal: Nil, Tenant Name: 71 Queen Street, Term (years): 2 years
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Licensed REAA 2008

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Harcourts Blenheim

Marlborough Real Estate 2008 Ltd

Licensed REAA 2008

1 Scott Street
Rangitane House
Blenheim
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