Warehouse, Office & Apartment - Occupy or Invest!
Deadline Private Treaty 19th May 2022 16:00:00 (Unless sold prior)
Colliers are pleased to present 19 Tyne Street to the market for sale. This freehold warehouse and office with first-floor apartment is a must-see for owner-occupiers and investors. The property is currently leased to Trustpower returning $47,500 per annum. With the lease term remaining being fairly short, owner-occupiers are well suited to this unique property. With good holding income and great investment fundamentals, passive entry-level investors should also consider this opportunity.
The property is modern tilt slab construction, consisting of ground floor offices and amenity and a workshop which is serviced by a full-height roller door. The property also offers a large first-floor apartment with a good standard of accommodation & modern kitchen and bathroom.
The property sits on a freehold title with ample car parks, and a private north-facing courtyard. The property is located in a popular location just minutes from Hagley Park and Tower Junction.
Call the sole agents to arrange a viewing.
For sale by Deadline Private Treaty closing 4pm, Thursday 19 May 2022.
*Boundary lines are indicative only