Invercargill Commercial - National Tenant

5 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: 1,827.00 m2.    Floor Area: 835.00 m2.    

Description

5 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 close to 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 floor area of circa 835m² and a site area of some 1,827m² with off-street parking for 17 cars.

5 Liddel Street is currently leased to national retailer Ideal Electrical on a 5 year term from 01 November 2016 with one further right 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.

5 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
  • Established Commercial Area
  • Leased to Ideal Electrical
  • Annual Contract Rental $70,000 p.a. + GST & OPEX

Map

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