Available PropertyFiles:

  • 7 Edgar St Earthquake Engineers Assessment 2012 December 7 (passing over added).pdf
  • 7 Edgar Street Frankton - Darren - NZ Titles LINZ Guaranteed Title Search - RT SA44D 25.pdf
  • Executed Deed of Renewal of Lease & Rent review 29 August 2018.pdf
  • Signed deed of assignment of lease.pdf
  • Signed deed of renewal of lease and rent review - 24 Oct 2024.pdf
  • Signed deed of renewal of lease and rent review.pdf
  • executed Deed of Lease - 14 Oct 2015.pdf
  • signed and dated - pre contract disclosure statement - 7a Edgar Street.pdf

Property Description

Looking for a better return investment.

Embedded tenant has been operating a childcare facility leased to a long-term tenant near conveniently located near a main arterial route providing access to the City, the Frankton business district and Te Rapa.

Ideal first investment on-site parking. This is a versatile building with large open space. The tenants lease started in 2015. With three yearly rights of renewal extending to October 2030. Currently Returning: $46,300.80 pa + GST Asking $675,000 plus GST (if any) 6.85% return on your investment.

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Terms of Supply

“By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Darren Anderson

Success Realty Ltd, Bayleys,

Licensed REAA2008

+6421933570   darren.anderson@bayleys.co.nz   All Listings