Solid Investment In Convenient Downtown Location

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

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Main Property Features

Listing Number: WQ5393

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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Licensed REAA 2008

Licensed REAA 2008

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Harcourts Wanaka

Highland Real Estate Group Ltd

Licensed REAA 2008

17 Helwick St
Wanaka
Office website or View office details

Property Location