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  • For Sale
  • Factory / Warehouse
LONG LEASE TO Z ENERGY LIMITED - #1
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For Sale

$675,000 NZD

147 Clyde Street represents a unique opportunity to purchase a quality tenanted investment fronting the main street of Balclutha/State Highway One.

The property sits in a high profile location on the corner of Clyde (SH1) and High Streets, nearby businesses include Foursquare, Subway, BP, The Warehouse, Farmlands, and many more.

Land area of 1,656m2 (more or less).

Current rental of $45,880pa plus GST.

The buildings are leased to Z Energy Limited (lease of 20 years from 1 December 2015 plus three further rights of renewal of five years each with a final expiry date of 30-Nov- 2050), who sublease the building located at 147-149 Clyde Street to Regional Ford Limited.

Seldom do tidy investment opportunities with long term leases such as this come available for purchase in the local market, this represents a truly unique purchasing opportunity.

For sale at $675,000 plus GST (if any).

Contact the nominated brokers today for more information.