Sold Property

17-25 Mersey Street, Gore, Southland 9710

  • 2270
  • 1900 m2

$595,000

Investment Property For Sale Returning 11%

Three main tenants plus warehouse.
Located in the CBD of Gore
Total rental income $65,896.52 + GST
Three main tenants returning $56,000 plus GST, plus outgoings
Warehouse rental $9,516.52 plus GST, plus outgoings
Further development will increase the returns i.e, Owners 400m2 area plus another 500m2 area has access off Main Street
Property is being sold "as is where is"
There is no engineers report (NBS) for this building. Property ID: #GO27373

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Sold Date

  • 19 February, 2021

Property features

  • Property Type: Warehouse, Office, Other, Retail
  • Yard Square Metres: 58
  • Property Features: Level Number: 1
  • Zone: Commercial
  • Tenure: Fee Simple
  • Chattels remaining: Light fittings, Smoke Detector, Heat pump
  • Video Tour URL: http://www.youtube.com/watch?v=SyJ3FJs_aTQ
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 65, 896.52 + GST + outgoings, Additional Details: Property is being sold "as is where is" There is no NBS rating or engineers report for this building
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Outgoings

  • OPEX $: 18958.69

Office

Harcourts Gore

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 2270
  • 1900 m2

Sold Property

17-25 Mersey Street, Gore, Southland 9710

$595,000

Investment Property For Sale Returning 11%

Three main tenants plus warehouse.
Located in the CBD of Gore
Total rental income $65,896.52 + GST
Three main tenants returning $56,000 plus GST, plus outgoings
Warehouse rental $9,516.52 plus GST, plus outgoings
Further development will increase the returns i.e, Owners 400m2 area plus another 500m2 area has access off Main Street
Property is being sold "as is where is"
There is no engineers report (NBS) for this building. Property ID: #GO27373

Property Features

  • Property Type: Warehouse, Office, Other, Retail
  • Yard Square Metres: 58
  • Property Features: Level Number: 1
  • Zone: Commercial
  • Tenure: Fee Simple
  • Chattels remaining: Light fittings, Smoke Detector, Heat pump
  • Video Tour URL: http://www.youtube.com/watch?v=SyJ3FJs_aTQ
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 65, 896.52 + GST + outgoings, Additional Details: Property is being sold "as is where is" There is no NBS rating or engineers report for this building
Show More

Outgoings

  • OPEX $: 18958.69

Sold Date

  • 19 February, 2021
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Harcourts Gore

Office Harcourts Gore Licensed under REAA 2008

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Need to sell before you Buy?

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