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A43-47 Vine Street, Whangarei Central
$1,100,000+ listed in Feb 2015
Commercial:
Land size: 1,544 sqm | Building size: 1549 sqm [Measure]
Agent: Mackys Real Estate Ltd - Bayleys, Whangarei

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Property Description:
Prime commercial investment opportunity in the heart of Whangarei's CBD.

Great commercial investment opportunities do not often come along in Whangarei and as such are keenly sought after. 43-47 Vine Street is just such an opportunity.

Located in the heart of Whangarei's CBD with exposure to both Vine Street and the quaint Quality Street, this premium building consists for four Unit Titles encompassing a building footprint of 1,450m2 (more or less).

There are currently three tenants within the holding including a popular Japanese restaurant, a bar and a Church community group with an approximate Net Rental Income of $116,000 per annum (increasing to $130,000 approx. over the next three years).

With an asking price of $1,100,000 (+GST if any), your return on investment in fantastic!

Act now to secure this great offering and contact Paul Jeeves at Bayleys for further details.
Nearby Schools:
NameTypeDecileDistance
Christian Renewal SchoolCombined5563 meters
Whangarei Boys' High SchoolSecondary51.2 km
Whangarei Girls' High SchoolSecondary51.4 km
Manaia View SchoolPrimary12.6 km
Whangarei Adventist Christian SchoolPrimary43.4 km
>>More schools

The property data is from the public websites.

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