44A - 46A Rothwell Street, Timaru 7910

For Sale $1,000,000 + GST (if any)

INVESTMENT OPPORTUNITY - LAND & BUILDINGS

NEW LEASE

Light Industrial located in Redruth, Timaru.

A substantial building comprising office block/amenities (498m2), office on the uppers level (355m2), and factory/warehouse (771m2).

Fully secure site of 2302m2 (more or less).

New proposed 3-year lease with two further terms of renewal each of 3 years.

Rental: $70,000 p.a. plus GST plus applicable outgoings.

7% return.

CPI increases.

Seismic Valuation - 70% - 100%

Phone for further details

Make enquiry

This property is proudly listed by:

First National Real Estate Reid & Wilson 167-169 Stafford Street
Timaru NZ 7940

Open for Inspection

By Appointment

Additional information

Property Type Office warehouse/Factory warehouse
Property ID 41959110440
Price $1,000,000 + GST (if any)
Council Rate $6,840
Land Area 2,302 sqm (approx)