8 Opawa Street, Blenheim 7201

Sold Negotiation

Sold

Commercial Investment Opportunity

Good holding income plus development prospects. 2x separate tenancies with on site parking. Income of $35,000 + GST plus all commercial outgoings

Lease terms: Tenant 1 on 5 years lease from June 2018 plus rights of renewal

Tenant 2 on 3 year lease from 1 February 2018 plus rights of renewal

Added bonus of 210sqm rear section to build on in the future with garage on token rental covering rates and insurance for the vacant area.

Total Land area 1000m² . RV $600,000

Opawa Street is a busy light industrial area and this site is surrounded by commercial and service industry activity. Only 3 minutes to Blenheim CBD and easy access to State Highway one.

Property is for sale by Negotiation

For full details contact Geoff 0274 491-575 or email geoff@firstnational.co

Make enquiry

This property is proudly listed by:

First National 64 Queen Street
Blenheim NZ 7240

Open for Inspection

By Appointment

Additional information

Property Type Industrial to Buy
Property ID 46027110014
Price Negotiation
Land Area 1,000 sqm (approx)