Invest in the Office Precinct location with the Tenant "Gilcom" in place. The current lease has a term of 1+1+1 year from the 2 April 2012 and the final lease expiry date is the 1st April 2015. Current rental income is $24,000.00 per annum and the Tenant in addition pays the Rates and Building Insurance. The first floor is some 108m2 and the ground floor is 80m2 approximately. Excellent Customer and Staff parking on the Concrete Forecourt and Vehicle access is available also to the rear yard for storage and extra car parking.

Inspection by appointment only contact Bruce Woodhead 027 442 6115 or Denise Ries-Woodhead 021 363 338, email deedeewoodhead@xtra.co.nz

Negotiable Over $460,000 gst excl.

Land area: 519m2

Annual Rates: $5,612.37

Rating Value: $420,000