OUTSTANDING FREEHOLD INVESTMENT

Kamo, Whangarei

$3,375,000

Proposed Usage
Office
Floor Area
1226.00 m²
Description:
Property ID
1bt3t59

A three level 1,700m² commercial office complex with 35 on-site car parks in a handy location within Whangarei City.

The two freehold lots both have road frontage and good easy access, adjoining a public car park. The complex is generating a net annual income of $270,000 plus GST and the Government funded tenant (DHB) has occupied the premises since May 2010. The current lease is extended to 30 April 2019.

Seldom does the opportunity to purchase an investment property, offering an 8% return, priced to meet the market arise.

• 1,800m² freehold - two titles
• Two street frontages with on-site car parking - 35 cars
• Three level 1,700m² office complex
• Current net rental income $270,000 plus GST
• Priced to sell at $3,375,000 plus GST (8% investment return)
• Contact Ross for all investment details
• View Video Online

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Kamo Area