• Sold
Queenstown - Affordable Mixed use Commercial
Queenstown - Affordable Mixed use Commercial
Queenstown - Affordable Mixed use Commercial
Queenstown - Affordable Mixed use Commercial
Queenstown - Affordable Mixed use Commercial
Queenstown - Affordable Mixed use Commercial
This is an opportunity for an investor or owner operator to purchase an affordable, but versatile commercial unit in Queenstown's Shotover Ridge Business Park.

Located at the southern end of Glenda Drive, Shotover Ridge is a business hub comprising approximately 30 units occupied by a mixture of office, showroom and retail based uses. Glenda Drive is the main route through Frankton's growing light industrial area, just minutes away from Queenstown International Airport and newly established shopping centres.

The unit comprises two levels approximately 90sqm each. Separate access for each floor future proofs this unit, providing owners the ability to lease as either a single or two separate tenancies. Three carparks are included with this unit title, with additional common carparking available within the complex.

The ground floor is currently vacant and consists of a well-appointed open plan office/showroom plus a full bathroom incl shower. There is also a modern kitchenette, heat pump and small outdoor area at the rear of the unit.

The upstairs tenancy is currently occupied as office/residential related use on a commercial lease returning an annual rental of $30,000 + OPEX + GST. It is designed as a modern three bedroom apartment or office space and includes kitchen and bathroom areas, with access to balcony areas providing great views of the surrounding alpine area.

• First floor fully leased. Annual rental $30,000pa plus GST & Opex
• Ground floor vacant. Currently available to occupy
• Flexible tenancy configuration across 2 levels
• First floor residential or commercial tenancy options
• Three allocated carparks
• Good quality building in established area

Price By Negotiation.

For more information please contact Mark Simpson or Luke Baird.

Property Details

  • 29/07/2020
  • Contact our experts for details on this transaction.