Commercial Opportunity

Web Ref#8347

The property is located on the eastern side of Port Road within the hub of the Whangamata town centre. The building was originally constructed in the 1980's.
The ground floor provides two commercial tenancies, both with staff facilities.
• 2x main street stores, each with a 3-year lease term plus 2x 3-year renewal rights (Final expiry 2030)
• Combined returning $22,800 per annum + GST/OPEX
• The first floor provides a modest two-bedroom flat with open plan living, dining and 2x decked areas. There is a separate internal entry from Port Road and external stairs from the deck at the rear of the building. There is 1x car park assigned. This is currently vacant, we have a permanent rental appraisal of $400.00 per week.
Deadline Sale closes 3pm Thursday 27th June (the Vendor will entertain buyer enquiry over $795,000 + GST if any)
Call Chris or Katie to organise a viewing.