Motueka
195 High Street, Motueka, Tasman
+18
Freehold Motueka investment
Seize the opportunity to own a freehold commercial property in the centre of Motueka's CBD. Earthquake strengthening works are now scheduled for March 2025 and freehold properties such as this are scarce, making this a prime investment prospect for your consideration.
This property boasts full occupancy with two month-to-month leases in place, offering immediate income. The two retail and office tenancies are each equipped with their own separate break rooms, bathrooms, and extra storage, catering well to meet tenant needs.
See the growth potential in this property as a value-add investment with an opportunity for rental upside, providing investors with the chance to enhance returns over time. Zoned TDC Central Business, this property offers more than just current returns. There's scope for site intensification at the rear, opening doors to further development opportunities.
Seven on-site parking spaces are available at the back of the property, accessible from Hart Lane. This added amenity enhances the property's appeal for both tenants and future customers.
195 High Street presents the rare opportunity to invest in a fully occupied, strategically located freehold commercial property in Motueka CBD.
Contact us today for more information or to arrange a viewing.
Gill Ireland
Vining Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Zoning
Zoned TDC Central Business there is also the potential for intensification of the site at the rear.
Seismic (NBS rating)
Identified as an earthquake-prone building, seismic remediation works scheduled for March 2025.
Add value
Opportunity to purchase a prime High Street building with opportunities for rental reversion.
Occupancy
Fully occupied with two month to month leases in place.
Have your questions answered
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