35 Eden Street, Oamaru, Waitaki

EXCELLENT COMMERCIAL INVESTMENT

This commercial building meets all the criteria of prudent investing. It is well located on the busy corner of Eden and Read Streets and is surrounded by national and local retailers. The 374 square metre site is highly visible and well located within the Business district.
The building is sound and well presented. There is carparking on the site.
The building is tenanted to an electronics company and is well utilised. Internally there is a reception area, workshops, warehousing and amenites. The current three year lease commenced in September 2012. Rental is $17,780 plus gst plus outgoings. There are two rights of renewal of three years each. Rent reviews are every two years.
All in all a very tidy proposition. Property in good location, building in good order, well leased and at an affordable price.
Inquiry is recommended.