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Office Building in TE AWAMUTU
Strong Tenant! - Strong Lease! - Strong Cashflow!
- Building: 401m²
- Land: 1,197m²
A prime investment opportunity that ticks many boxes. Well established chartered accounting practice as tenant with new long term lease in place. Tenant has been in residence over 45 years.
The significant building is located close to the CBD and is surrounded by various commercial and professional office activities.
The structure is well maintained and has a regular maintenance plan in place covered by the tenant.
Enjoy regular monthly cash flow with the potential to grow!
Lease - $66000 pa + gst + o/g.
Term - 5 years plus renewal options
Expiry - 31 March 2032
15 Carparks
Personal Guarantee
** Rent set by Nov 2010 registered valuation. **
Tender Closes at 4pm 10th April 2013
at Ray White Te Awamutu
Property ID:
TEA21051
Building:
401m²
Land:
1,197m² / 0.29 acres
Zone:
Town
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