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Retail Property

50 State Highway 12 MOEREWA, Far North District 0211

Sold on 9 Dec 2013
  • Building: 180m²
  • Land: 2,011m² (0.5 acres)
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Retail Property in MOEREWA

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

Property ID:

PAH20352

Building:

180m²

Land:

2,011m² / 0.5 acres

Zone:

Commercial

Listed By:
Ray White PaihiaNorthland Circle Real Estate Limited Licensed (REAA 2008)