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PREMIUM INVESTMENT

57, Albert Street, Whitianga, Thames-Coromandel, Coromandel, 3510

Key Details

Type
commercial
Bedrooms
Bathrooms
House Size
206

Overview

True premium centre stage location. Solid long term tenants (us). Modern fit out. Two levels with commercial and residential. Even a sea view.
North are looking for a new owner and a long 12 year (3x3x3x3) term lease at $59,000p.a. plus OPEX for the entire building – that’s a solid 4.2% return!. The building is block and has undergone a fantastic transformation.
Street level is where the work is done and comprises of the main reception and sales desks. Out the back has the boardroom, lunch room, toilet, and storage.
There is internal access to upstairs as well as an external staircase. Upstairs is a beautifully presented 2 bedroom apartment with open plan living, dining, and kitchen that leads to a modern bathroom. And dont forget that sea view. Totally unique and rare as hens teeth.
Call John today to discuss viewing and making an offer with lease options that work for all involved.

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