https://www.colliers.co.nz/p-nzl67015571
- Sold
Strategically positioned with a high profile on Gumdigger Place opposite Harvey Norman are these two-premium grade, freehold investments on the market for sale combined or individually.
4 Gumdigger Place is leased by The Tile Depot returning $106,150 net pa, with personal guarantees on the lease. The property benefits from 2 street frontages and access points from Rewa Rewa Road and Gumdigger Place. Is a freehold certificate of title with a land area of 2,508m².
6 Gumdigger Place enjoys great profile and is a split risk investment with two tenants leasing the building. A prime 1,806m² freehold site with two well-known brands (Kitchen Things & Furniturezone) as established tenants returning $116,618 pa net total.
4 & 6 Gumdigger Place combined with a total net return from established tenants of $222,769 pa net on two freehold titles with a combined land area of 4,314m².
Ref #: 20761022