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Invercargill, 5 Tay Street

Commercial Investment Good Tenants Good I.E.P

$770,000 Plus GST (if any)

Listing Number: IV38362
About this listing
1970's two storey commercial office building with a 12 car basement park. Earthquake rating 73% of NBS which is good.
Retired owner wants to take life easier and sell. Currently returns approximately $82,088pa + gst and outgoings from 4 tenants. Potential for another small approx 40m2 office to renovate and lease.
2017 RV $740,000, LV160,000.
Good earthquake rating, good building, good investment. Invercargill has high returns!!
Email: david@harcourtsinv.co.nz or 0274340709 for more details & leases.
Property Information
  • Tenure: Fee Simple
  • Property Type: Office
  • Property Features: Building Name: Ex Tower Corp Office Building
  • Approx Floor Area
    • Office Square Metres: 1160

Contact Details

Invercargill

Holmwood Real Estate Ltd

Licensed REAA 2008

182 Dee Street
Invercargill
Office website

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