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Sold Property
$920,000
Justin Brown Harcourts Wellington City
TENDER CLOSES: Thursday, 20 September 2018 at 2:00pm, Harcourts Wellington City Office (not selling prior). A fantastic opportunity to secure a proven performer on a high-profile corner site.
- Established long-term commercial tenant
- Fixed term residential tenant
- High traffic/hi-viz corner site
- Stand-alone non-earthquake prone building
Currently generating pre-GST income of over $74,800 per annum with exceptional potential for capital gains. This is a rare chance to buy a high-profile location in the heart of thriving Newtown. Upstairs, the residential flat is returning $480 per week on a fixed term tenancy until Feb 2019. Downstairs is leased to an established popular restaurant and returns $960 per week (+GST).
Viewing of the upstairs flat is available Sundays between 12pm and 12:45pm.
The restaurant is available for viewing by appointment only.
Call for appointments and further information.
LIM and information pack available.
Property ID: #WL24960
Office
Licensed under REAA 2008
Sold Property
TENDER CLOSES: Thursday, 20 September 2018 at 2:00pm, Harcourts Wellington City Office (not selling prior). A fantastic opportunity to secure a proven performer on a high-profile corner site.
- Established long-term commercial tenant
- Fixed term residential tenant
- High traffic/hi-viz corner site
- Stand-alone non-earthquake prone building
Currently generating pre-GST income of over $74,800 per annum with exceptional potential for capital gains. This is a rare chance to buy a high-profile location in the heart of thriving Newtown. Upstairs, the residential flat is returning $480 per week on a fixed term tenancy until Feb 2019. Downstairs is leased to an established popular restaurant and returns $960 per week (+GST).
Viewing of the upstairs flat is available Sundays between 12pm and 12:45pm.
The restaurant is available for viewing by appointment only.
Call for appointments and further information.
LIM and information pack available.
Property ID: #WL24960
Justin Brown Harcourts Wellington City
Office Harcourts Wellington City Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
$1,208,000 11 Norwich Street, Wadestown, Wellington 6012
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