Passive Investment in Prime Location

13 Donnelly Street, Havelock North

Investment For Sale

For Sale    Tenanted Investment
Land Area: 981.00 m2.    Floor Area: 500.00 m2.    

Description

A rare opportunity to invest in a thriving Havelock North location. Located on the corner of Karanema Drive and Donnelly Street, this property is well positioned to Havelock North village, surrounding residential areas and schools.

Leased to established tenant Hilton Brown Swimming who operate 6 swim schools throughout the North Island. Havelock North commercial properties are extremely hard to come by not to mention this being the only indoor pool in the area.

This is a solid investment with good long term prospects.

Features

  • Floor area: 500m²
  • Tightly held location
  • High profile corner site
  • Established tenant
  • $98,000.00 net rental pa

Occupants

Occupant Term Net Annual Income
Hilton Brown Swimming (Havelock) Limited 10 years from 8 May 2012 $98,000.00

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