Invercargill City Median PriceInvercargill City Median Rent | A79 Tweed Street, Invercargill | $207,000+ listed in Feb 2014 | Other: | Land size: 516 sqm | Building size: 501 sqm [Measure] | Agent: Holmwood Real Estate Ltd |
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Map | Street view | Nearby | Property Description: | Returning $20,000 pa + GST + Outgoings, ie Approximately 10% Net
On busy Tweed Street we have a neat commercial building built out of permanent materials building size 516 m2, land size 501m2.
Leased to Sono Sound Systems Limited - five years plus three rights of renewal of five years each from 26 April 2011.
Rented at $20,000 pa plus all rates and insurance. Easy to manage commercial investment. Far better return than residential.
NB: Business is not for sale. |
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