Impressive Tinakori Village Investment

highlights

This distinctive and prominent Thorndon Investment property will make a great start or addition to your property portfolio, with a well-leased ground floor commercial tenancy, and two well presented apartments upstairs.

"So You Hair" has an immaculate and well run business occupying the entire ground floor and courtyard area, while the upstairs tenancies feature a one bedroom semi-furnished apartment at the Tinakori Road frontage, with a larger two-bedroom apartment at the rear - featuring its own courtyard and deck areas.

The property was extensively refurbished circa 2000 when it was converted into a unit-title ownership structure, which is currently under single ownership, but allows any purchaser future investment options should they wish to divest any of the units separately.

Gross income currently $87,880 per annum, and combined rating valuation for the units is $1,105,000.

Now Selling by Public Tender.

Please contact Carl Hastings for further information, and to arrange your inspection (strictly by appointment).

contact

Carl Hastings Real Estate Agent

Carl Hastings

(04) 979-9310

+64 21403502

04 472 2056

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property information

  • Property Type Retail
  • Price SOLD
  • Suburb Thorndon
  • Land Size 192 m2
  • Building Size 240 m2
  • Listing Number 3708339

tender

Wednesday 12 July at 3:00 pm

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