Land Area: 404 m2 (more or less) Building Area Shop floor 309 m2, Cafe/Office 70 m2, Mezzanine 15 m2. Rates: Not yet assessed for 2018/2019 year. Right to park, access & load. Rental payable to Timaru District Council $2,075.00 pa (inclusive of GST). Lease Details: Tenant: Topbike NZ Limited Net Rental: $68,395 pa plus GST plus outgoings. Current Term Expiry: 1 October 2021 Rights of Renewal: One further term of 4 years Final Expiry: 30 September 2025 (subject to renewal) Rent Reviews: Two yearly.
Price: $1,150,000 plus GST (if any)
Timaru’s five year old Saikou Teppanyaki & Whisky Bar delivers premium, authentic Asian cuisine in a busy and vibrant bar environment located in a superior CBD position overlooking Caroline Bay and The Piazza. The sole founding owner would consider an outright sale, or a part sale on a partnership basis. EXPRESSIONS OF INTEREST INVITED Phone for further details.
Price: Expressions of Interest
This property would suit those seeking storage facilities, or a service industry. Variety of buildings including main office and workshop, older joinery factory, and a number of storage sheds. Land Area 531 s1. metres. Floor Area: 250 sq metres. Zoning: Residential 2. Freehold Price: $225,000 + GST (if any)
Price: $225,000 + GST (if any)
Located in a prime inner city location with plenty of foot traffic. Be your own boss, owner/operator. Flexible trading hours which offer endless opportunities to further enhance. Price: $45,000 plus GST (if any)
The Barber Shop - 21 years established Cnr Stafford Street & Variety Lane Be your own boss - one owner operator currently Not open late nights, Saturdays or Sundays, so massive potential there. Long affordable lease Price By Negotiation
Price: Price By Negotiation
CBD Investment Opportunity. Good tenant mix. New Lease: 141 m² (Rental: $30,000 pa plus GST net). 4 yrs from 15/10/18 (subject to r.o.r.) House of Travel: 158 m² (Rental: $28,434.55 pa + GST net) Kepler Group: First floor 119 m² plus Second floor 44.3 m² (Rental: $11,800 pa plus GST net) Rental: $70,234.55 + GST per annum Reduced to $650,000 + GST (if any) Phone now for details.
Price: $650,000 + GST (if any)
RETAIL INVESTMENT—SELDOM AVAILABLE—SOUND TENANT IN PLACE Land Area: 1118 m2 Floor Area: Ground Floor: 420 m2 (more or less) plus upstairs additional. NBS: Assessed at 34% of current National Building Standard after completion of strengthening. Zoning: Commercial 1 Parking: Access from Vine St (S.H.1) at rear of premises. Multi car parking. Current Lease: Rental: $47,454 pa + GST + outgoings. Term: Final expiry 31 January 2026 if r.o.r. exercised Rates: $4,644.62 (2017-2018) R.V. Capital Value (as at 1/9/17): $530,000 Offers over $500,000 considered (9.5% return approx).
Price: Offers over $500,000 considered (0.5% return approx)
VACANT POSSESSION Modern, spacious building with ample carparking. Suit a variety of uses—Retail, Office, Restaurant, Places of assembly, Equipment hire, Consulting rooms for Health Practitioners, Veterinary Clinics (consent may be necessary) Land Area: 1892 m2 Site Cover: 600 m2 approx. plus upstairs area (office and board room) Zoning: Light Industrial
Price: $680,000 plus GST
Timaru Central Business District Recognised, established, national brand. 22 years in NZ (In current location Timaru since 2006). No retail experience needed. Excellent systems in place Franchise with minimal fees. Large customer base. $64,950 plus stock at valuation.
Price: $64,950 plus stock at valuation
Commercial users should consider (consent may be necessary) Previous use education (38 children aged over two). Modern building with car parking. Comprised of: Three basement rooms downstairs Large, sunny, open plan areas upstairs. Extra room plus conservatory. Outdoor play area (Currently under lease from TDC) Fire alarm and current building Warrant of Fitness Freehold of this description seldom offered for sale. $475,000 plus GST (if any)
Price: $475,000 + GST (if any)