PRICE REDUCED | NOW $295,000

Building at Founders Park, Atawhai Drive, Nelson

Investment For Sale

Private Treaty    Tenanted Investment
Land Area: 0.01 m2.    Floor Area: 330.00 m2.    
Sale Price: $295,000.

Description

TENANTED BUILDING | WILL BE SOLD!

Price reduced NOW $295,000 plus GST (if any).  High rate of return, better than the bank!

Tidy purpose built café and brew room.  Current café tenant with long term lease. 

Captive customer base for over 20 years.  Founders Park FREE entry for locals.

Tourist destination where the café is a lynch pin of Founders Park success.  One of 4 privately owned buildings. 

Motivated vendor is committed to sell, so don't hesitate to be in touch with the sole agent to discuss further for this opportunity.

For sale is the building only at $295,000 plus GST (if any). 

Please note this listing is for building only.

Click to view ebook

 

Contact Debbie today for more information.

Features

  • New 7 year lease term
  • Rental growth 2 yearly with market reviews
  • Ground lease and OPEX paid by tenant
  • Located int he popular and established Founders Park
  • High quality café tenant with years of experience
  • Net income, $35,000pa plus GST, plus ground lease and OPEX

Sale Areas

Area Size
Floor area 248m²
Veranda area 82m²
Leased land area 462.17m²
Common use area 57.13m²

Transaction Details

17 Sep 2019

Map

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