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Solid Investment In Convenient Downtown Location

Wanaka, 58 McDougall Street

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Sold
Sold
Listing Number: WQ5393
About this listing

SOLD - This listing was sold in July 2019.

Investors looking to add a well-positioned property to their portfolios should consider this commercially-consented residential property conveniently located a short distance from the lakefront and downtown Wanaka.
The 523sqm land parcel contains a purposely-converted 164sqm building that currently acts as a base for an established local adventure-tourism business.
With a lease of $50k +gst + outgoings per annum, six car parks and a final expiry date of 2031, don't hesitate to contact us for further information on this unique investment in a desirable central location.
RV $860,000
Property Information
  • Approx Floor Area: 164 sqm
  • Property Type: Retail
  • Parking
    • Carparks: 6
  • Tenure: Fee Simple
  • Tenancy 1: Commencement Date: 31 May 2019, Expiry Date: 31 July 2031, Rental net/gross p.a.: 50000, Review Dates: 1st August 2022, 2025, 2028, Rights of Renewal: 3 x 3 years, Tenant Name: Aspiring Guides, Term (years): 10

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