- For Sale
For SaleDeadline Private Treaty
Built in the 2000s, 16 Tyne Street presents a modern investment opportunity with two tenants on a freehold title. The property is two storey and of tilt slab construction. The ground floor consists of a commercial tenancy leased to an established tenant- Integrated Technology Solutions Limited and is made up of partitioned offices, mezzanine floor and good amenity . The first floor has one two bedroom apartment. The apartment is modern, sunny and provides a good standard of accommodation. The property has a pleasant outlook and is located on a quiet street.
The site is located in a very convenient location with an abundance of amenity - with Tower Junction and Hagley Park just minutes walk away from the property. The property is only a short drive or walk to the emerging Central Business District.
The property is a must see for any investor wanting a high yielding, split risk investment with both a commercial and residential component.
The property has good cashflow, with a current passing rental of $43,300 per annum.
For Sale by Deadline Private Treaty closing 4pm, Friday 13 December 2019 (unless sold prior).
Call the sole agents to arrange inspection.
Ref #: 216031