COMMERCIAL FREEHOLD WITH A 9.7% RETURN PA
- Building: 180m²
- Land: 2,011m² (0.5 acres)
Listed By:Ray White PaihiaNorthland Circle Real Estate Limited Licensed (REAA 2008)
This BP Service Station is situated on state highway 1 heading north via Kawakawa, this Commercial Building is currently Leased with another 5.5 years to run with the current lessee's. Guaranteed by the Head Lessee BP. Further renewal to be negotiated. Room to expand on very busy main highway and become owner operator at the end of the current Lease?
9.7% an excellent return on your investment
2,011m² / 0.5 acres