Bank This Freehold Returning a 7% Yield

Freehold assets provide secure investments for many investors and with returns well exceeding bank deposit rates!  A high profile, mixed use Freehold in the central North Island is now selling and is definitely bankable.

Forget low, close to 0% bank interest rates.  This property will out-perform the bank. 

Key factors to entice your offer:

-  Ohakune resort town on high profile, SH 49 corner site

-  Fully leased, 4 tenancies

-  Land – prime corner site c.3,035m²

-  Buildings – c.1,070m²

-  WALT c.13 years

-  NBS 70% (see IM)

-  Rent c.$140,000 + GST & outgoings

-  Mixed use Accommodation, Bar, Restaurant & Liquor outlet

Proven lessees provide a solid, passive investment.

Talk to the vendors’ Exclusive agents:

Hugh Milloy           021 901 390     hugh.milloy@colliers.com

Lindsay Sandes     021 895 940     lindsay.sandes@linkbusiness.co.nz