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Commercial Property Investment/s

114 Beach Road, Kaikoura, Kaikoura

• 17 years Government Occupation / New 30 year lease for Nationwide company

• Subdivision Approved / Services In

• Low risk mixed tenancy current combined net income $165,000 pa plus GST and OPEX.

Features:

1/ SHW 1 with 19.7m of road frontage - Liquid Laundromat returning 6.76% return 30 year lease

2/ Upstairs 2brd apartment sea and mountain views consistently let since 2008

3/ Downstairs 4 unit accommodation with all mod cons fully furnished returning $52k per annum plus costs

4/ Rear of the property Ministry of Primary Industries refurbished villar separate entrance with 5.33% return

5/ Commercial dive pool (under construction)

6/ Property Manager Available at competitive rates

7/ Vendors Terms Available (potential for late settlement)

This is a great opportunity to secure one or two muti tenanted properties with an significant upside with Kaikoura’s only and biggest dive pool being constructed.
114 Beach Road, Kaikoura, Kaikoura
Price on Application
Development 
1,437 sqm approx.
282 sqm approx.  
Listing ID 049981S
Savills Christchurch

For Sale

Price on Application

Rob Gibson

Rural & Commercial Sales
Licensed under the REAA 2008

Savills Christchurch

Anthony Harper Tower Level 4/62
Worcester Boulevard
Christchurch, 8011
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