HIGH YIELD INVESTMENT PROPERTY
3 Elms Street Stoke View map
Listing # 57322 Listed 4 Nov 2016
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.
* Data provided by National Broadband Map
Commercial for Sale Investment Opportunities
- 5,608 m2 Land
- 60 Car Spaces