Southland Commercial - National Tenant

1 Liddel Street, Invercargill

Industrial / Investment For Sale

For Sale by Deadline Private Treaty closing at 4.00pm 13 Jul 2017 (Unless sold prior)
Land Area: 1,602.00 m2.    Floor Area: 670.00 m2.    

Description

1 Liddel Street offers investors a modern, medium stud commercial building leased to a national tenant in an established commercial location.

The property is located on Liddel Street at the Leven St intersection, on the southern edge of Invercargill’s CBD. Uses within the location comprise a mixture of industrial, retail and commercial with a proposed Kmart store to be located opposite the property.

There is a total lettable floor area of circa 670m² and a site area of some 1,602m² with off-street parking for 22 cars.

1 Liddel Street is currently leased to national retailer Smith & Smith Glass on a new 4 year term from 1 May 2017 with 2 rights of renewal. The property has a current contract rental of $70,000 per annum + GST + outgoings.

Please phone Mark or Rory for more information or to arrange an inspection.

1 Liddel Street is For Sale by Deadline Private Treaty closing on Thursday the 13th of July 2017 at 4pm (unless sold prior)

Features

  • Modern Medium Stud Building
  • Freehold Title
  • Growth Commercial Area
  • Leased to Smith & Smith Glass
  • Contract Rental $70,000 p.a. + GST & OPEX

Map

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