Right in the heart of the busy tourist centre of Russell, this is a commercial investment opportunity with multiple options.

Currently (and despite numerous requests from potential tenants), the property has been left vacant so new owners have the option to install their own businesses in the freehold or examine the options for development. Commercial zoning allows for high density development so there are plenty of exciting potential outcomes.

If you are looking for yield, the property is divided into two separate tenancies of approximately 80m2 each; both with full amenities. This investment presents as ideal for retail, food, or professional offices. There is also great potential for mixed residential/commercial development subject to council permits.

If you have vision, you will know how to capitalize on the high traffic location and the growing popularity of this area for year-round tourism. If you are new to commercial investment then call me now to discuss the possibilities.
Commercially zoned, central Russell location
Thriving tourism centre, market for retail and food outlets
Freehold site of approximately 262m2, on-site car parking
Ideal for owner-occupier with secondary rental income
Potential for excellent yield at market rental rates
New Fee Simple title pending: Subject to title

For sale at $625,000 (plus GST if any)