Sold Property

5 Tay Street, Invercargill, Southland 9810

$725,000

Commercial Investment Good Tenants Good I.E.P

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 ID: #IV38362

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Sold Date

  • 28 June, 2018

Property features

  • Property Type: Office
  • Office Square Metres: 1160
  • Property Features: Building Name: Ex Tower Corp Office Building
  • Tenure: Fee Simple

Office

Harcourts Invercargill

Licensed under REAA 2008

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Est. bond $1920

Sold Property

5 Tay Street, Invercargill, Southland 9810

$725,000

Commercial Investment Good Tenants Good I.E.P

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 ID: #IV38362

Property Features

  • Property Type: Office
  • Office Square Metres: 1160
  • Property Features: Building Name: Ex Tower Corp Office Building
  • Tenure: Fee Simple

Sold Date

  • 28 June, 2018
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Harcourts Invercargill

Office Harcourts Invercargill Licensed under REAA 2008

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