Simple Industrial Investing

19C, Ihakara Street, Paraparaumu, Kapiti Coast

By Negotiation

Proposed Usage
Industrial
Floor Area
180.00 m²
Description:
Property ID
1bt45f9

This unit is one of 5 in a small unit titled property.
Located behind pit stop in Ihakara Street, this unit (and the one next door) have been used for storage for a number of years.
The present owner is selling with a new 4 year lease back plus Right Of Renewal for another 4 years.
The net rental is $25,000pa + GST (Tenant pays outgoings)
If you are looking for a simple / passive commercial investment then this could be it. .

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Paraparaumu Area