15b Bishopdale Court, Bishopdale Educated Entry Level Investment Gem

Available PropertyFiles:

  • (a).Information Memorandum.pdf
  • (b).Title.pdf
  • (c).LIM.pdf
  • (d).Deed of Lease.pdf
  • (e).DEE Report.pdf
  • (f).Insurance.pdf

Property Description

Attention investors, owner/occupiers and/or developers!
NAI Harcourts is proud to present 15B Bishopdale Court - an affordable entry level commercial investment opportunity that is equally worthy as an addition to your existing portfolio.
Key Features:
- Price by Negotiation
- Prime location, within Bishopdale Shopping Centre
- Fully leased to long term tenant
- Returning net income of $93,000 pa + GST, with potential upside
- Commercial Core Zone
- Refurbished & strengthened to 67% NBS
- Well-appointed, tidy and fastidiously maintained
- Advantaged with ample car parking
- Redevelopment potential
15b Bishopdale Court (together with 15a Bishopdale Court) occupies a large standalone corner block. The building covers virtually the whole rectangular site area of some 913 sqm.
Constructed during the early 1980s with concrete foundations and floors with Longrun metal roof and aluminium joinery, it has more recently been refurbished and strengthened to 67% NBS; thus offering you peace of mind and a good return on your investment.
The premises is neatly presented and well maintained. It has suspended Pinex ceiling with flush fluorescent lighting and air conditioning systems in place.
It is currently leased to New Zealand College of Business, who has recently taken up another Right of Renewal of 3 Years. Final expiry date is February 2030.
The property is situated within the Bishopdale Shopping Centre in Bishopdale, where there are a number of specialty shops in close proximity, as well as a New World Supermarket. Extensions to the shopping centre, including a bottle store and local tavern, were completed in the 1990s. It has also benefited from the establishment of the YMCA and a newly built City Council library within the shopping centre.
Please contact Harry Lim for further information and viewing arrangements.

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Terms of Supply

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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 Harry Lim

NAI Harcourts Grenadier

Grenadier Real Estate Ltd. Licensed REAA 2008

021 402 242   021 402 242   harry.lim@naiharcourts.co.nz   All Listings

Harry’s professionalism, enthusiasm and positive attitude sets him apart. He is known for his passionate, yet hands-on and practical approach to meeting the high standards that he sets for himself.

As a member of the NAI Harcourts team, Harry’s vast experience and knowledge accumulated from over 20 years in working in the corporate sector, as well as owning and managing his successful private businesses and property investments, will be put to good use for you.

Harry’s approach to servicing your needs is simple – find out what you want and what you expect, and then work with you to achieve it. You can count on him going the extra distance to deliver the right results for you.

Harry is also the Team Leader of the Asian Commercial and Business Brokers Unit.