Tune into The Right Investment

267, The Strand, Whakatane, Whakatane

By Negotiation

Proposed Usage
Development Site
Floor Area
420.00 m²
Description:
Property ID
1br4z2h

Asking price plus GST (if any).
- High profile corner site on leasehold land
- Long term lease to a broadcasting favourite
- 420m2 unique building on 1,472m2 leasehold site

Situated at the '7 day a week' end of Whakatane's CBD on a busy intersection, this is a solid property beginning at its foundations. The premise was constructed in 1971 on Whakatane District Council leasehold land.

Measuring 420m2 it houses four recording areas and plenty of admin and office management space. There is a tasteful glazed partitioning and reception area with air conditioning units throughout. Rated at 67% NBS, there is no earthquake strengthening required under current legislation. Long term tenant has been broadcasting since 1971 creating tenancy stability for the discerning landlord. An affordable investment with solid tenant returns for your future security, offering a higher rate than the banks are currently.

Property Details:
Land Area: 1,472m2 (approximately)
Leasehold Floor Area: 420m2
Zoning: Commercial

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Whakatane Area