HIGH YIELD INVESTMENT PROPERTY

Negotiation

3 Elms Street Stoke View map

Listing # 57322 Listed 4 Nov 2016

Nelson Commercial Realty Ltd (Licensed: REAA 2008) - Colliers International , Nelson's logo
Nelson Commercial Realty Ltd Colliers International , Nelson

Licensed: REAA 2008

HIGH YIELD INVESTMENT PROPERTY
  • HIGH YIELD INVESTMENT PROPERTY
  • HIGH YIELD INVESTMENT PROPERTY
  • HIGH YIELD INVESTMENT PROPERTY
  • HIGH YIELD INVESTMENT PROPERTY

About this property

PROPERTY WITH A FUTURE

This high profile property is in a rapidly developing area with wide frontage onto a high volume arterial route. 

With 4 long standing tenants including Nelson Technical Institute who have recently committed to a new 5 year term and account for over half of the rental income.

This property gives security of 4 individual revenue streams while offering excellent future development potential.

The site is approximately 5608m² with an 83 meter wide road frontage and convenient access off Elms Street.  It is next door to a recent Animates development and 700m from a new service station currently under construction and a proposed supermarket development with Bunnings, Placemakers, Raeward Fresh, Viridian Glass, Hubbers Flooring and others nearby.

This property is worth investigating as either a strategically located holding with income or partial development site.

  • Substantial 5608m² property
  • 83 meter road frontage
  • Busy arterial profile
  • Rapidly developing area / Zoned industrial
  • Next door to Animates
  • 700 meters to proposed supermarket
  • Mixed lease terms
  • Future development potential
  • Security of 4 income streams

Contact Ken Montgomery to explore the possibilities.

Internet Connectivity

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Enquire about this property


Ken Montgomery photo
Agent
Colliers
Level 3, 241 Hardy Street
NELSON
7010
Ken Montgomery

Commercial for Sale Investment Opportunities

  • 5,608 m2 Land
  • 60 Car Spaces

Agents Details

Ken Montgomery photo
Agent
Colliers
Level 3, 241 Hardy Street
NELSON
7010
Ken Montgomery