• For Sale
  • Investment
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity
Iconic Otago Tenanted Investment Opportunity

For Sale

$230,000 NZD

Located on State Highway 1, this property is on the market for the first time in over twenty years.



In terms of location, Waikouaiti is the heart of East Otago, and situated approximately 40km north of Dunedin



Beanos Bakery is an iconic name within the Otago province, and is very popular with both locals and commuters alike.



Take this opportunity to grab yourself an investment returning approximately 7.9% per annum on asking price, with rent reviews built in also.



The Deed of Lease, with a rent of $18,200.00 per annum plus GST,  commenced 8th October 2018 for an initial period of four years, with three further rights of renewal of four years each.



Contact a nominated broker today to discuss or to arrange a viewing. 



$230,000.00 plus GST (if any)



Ref #: 216288

Property Details