Office building in Invercargill's newest Business Park close to the CBD For Sale and Part to Lease. For Sale at $2,990,000 plus gst if any. 3 Tenants and 2 spaces to lease.
Unit 3 - has never been finished inside and is available to lease 197m2 rent from $40,000pa plus GST and outgoings. Rent depends on the quality of fit out (room for 40% mezzanine)

Unit 5 & 6 - Was built for a tenant and is now vacant. This suite has a superior fit out with expensive lights and quality heat/cooling and ducted air. Large reception area and multiple offices. 3 sets of facilities, 2 down and 1 set upstairs. Registered valuation for rent is $114,000pa plus GST and outgoings. Size 438m2 ground floor and 172m2 mezzanine floor. Could be split into 3.
Total size building size 1,638m2, land 2,314m2, car parks 24.
2014 Capital Value $2,960,000
Building insurance replacement $4,050,000
Unit 1 $44,045pa plus GST and outgoings
Includes 4 car parks to Macalisters
18% of outgoings

Unit 2 $24,000pa plus GST and outgoings
Includes 2 car parks to Do Hair
10% of outgoings

Unit 3 Vacant - as per valuation $40,000pa plus GST and outgoings
4 Car parks

Unit 4 $33,500pa plus GST and outgoings
Includes 2 car parks to Online Computers

Unit 5 & 6 Vacant - as per valuation $114,000pa plus GST and outgoings
8 Car parks
N.B. only became vacant late November 2015

Current total rent: $101,545pa
Total if full as per valuation: $255,545pa

Purch