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Gladstone, 448 Dee Street

Fully Tenanted Investment Opportunity

$850,000 Plus GST (if any)

Listing Number: IV42627
About this listing
Ideal opportunity to add to your investment portfolio. Located in a prime Gladstone area on a busy main road. Comprising of four commercial tenancies ground floor plus four x two bedroom flats first floor. Excellent sealed off street customer parking at the front of the building. Provides a good mix of commercial and residential tenancies to diversify risk. Approximate floor area of 640m2 on a 827m2 Land area returning circa 9% at asking price.
Sale Price $850,000 + GST
Property Information
  • Land Size: 827 sqm
  • Property Type: Retail
  • Parking
    • Uncovered: 9
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy: Additional Details: 4x Commercial Tenants, 4 Flats, New electric meter boxes.
  • Tenancy 1: Tenant Name: Liquid Laundromat
  • Tenancy 2: Tenant Name: Gelicious Nails
  • Tenancy 3: Tenant Name: A Streak Ahead Hairdresser
  • Tenancy 4: Tenant Name: Golden Dragon Chinese Takeaways
  • Tenancy 5: Tenant Name: 4x 2 Bedroom flats First Floor

Contact Details

Harcourts Invercargill

Holmwood Real Estate Ltd

Licensed REAA 2008

182 Dee Street
Office website

Property Location

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