5 Albert Street, Masterton

price TBC
1,700m2
Land Area
1,150m2
Floor Area
Enquire
Photos

Property / Commercial / Sold / Wairarapa / Masterton / 5 Albert Street, Masterton

Solid Investment

5 Albert Street, Masterton Negotiation Floor 1150m2 Land 1700m2 •Fully tenanted 1150m2 commercial building strengthened to 70% NBS. •On prime 1700m2 freehold site conveniently located close to the CBD and State Highway 2. •Access to exclusive and shared parking. •70% of building interior and exterior refurbished. •Refurbished area occupied by Government tenant (Corrections) with 4 years of lease still to run plus two three-year rights of renewal. Currently returning $126,500pa + gst. Next market review October 2021. •Remainder of building recently tenanted by established fitness centre. Three-year lease with three-year right of renewal. Returning $24,220pa + gst. Annual CPI reviews with market review prior to renewal. •Outgoings close to $24,000pa + GST giving net yield of approximately $126,500pa + GST per annum.

5 Albert Street, Masterton

Web ID

MC77555

Floor area

1,150m2

Land area

1,700m2

RV

$1280000

price TBC
Print flyer Print property flyer
View by appointment

Contact

Greg Ariell

Greg Ariell

027 435 6327

View Profile

Property enquiry

Property enquiry for
MC77555

About the location

Satellite

You might also like

BC30204
Lot 1, Works Road, Longburn, Manawatu
0.0
Bedrooms
0.0
Bathrooms
0.0
Garages

Close to the city, Longburn offers bare land, with the opportunity to purchase or lease and develop or have the owner develop and lease back for you. Choose your site, size, in some positions a rail siding is available. Neighbours include Ice-Pak container terminal, Goodman Fielder, Storage NZ, Longchill. Lot 11.812ha Lot 3 5.725ha this backs on to Longburn School Lot 9 2.4029ha Lot 13 2.1214 Lot15 1.4776ha Lot 25 1.5927ha Price per square metre by negotiation.

By Negotiation
AC69816
23 JB Cullen Drive, Ashburton
0.0
Bedrooms
0.0
Bathrooms
0.0
Garages

This newly developed Ashburton Business Estate is set right in the heart of one of New Zealand's most progressive agriculture and pastoral regions. The sites range from 0.1332ha upwards. Strategically placed for optimum accessibility to State Highway One and possibly a future railway siding. There are several buildings currently under construction - be in soon to have our choice of sites.

$252,960 + GST (if any)
AC69870
Lot 10 Lynn Street, Stage 2, Ashburton
0.0
Bedrooms
0.0
Bathrooms
0.0
Garages

This newly developed Ashburton Business Estate is set right in the heart of one of New Zealand's most progressive agriculture and pastoral regions. The sites range from 0.1332ha upwards. Strategically placed for optimum accessibility to State Highway One and possibly a future railway siding. There are several buildings currently under construction - be in soon to have our choice of sites.

$1,100,000 + GST (if any)

Request for information files


Terms of Supply

By accepting the information contained in the Property Brokers Information Files, I acknowledge I have read, understood and accepted the terms on which the information is made available:

  • It is acknowledged that any LIM report/builders reports/title search information or other property information documents that have been supplied by Property Brokers have been provided to interested potential buyers for general information purposes only, and may not have been sourced directly from providers by Property Brokers.
  • Neither Property Brokers nor their client (vendor) warrant the accuracy, completeness or currency of this documentation and nor do they accept liability for any errors or omissions in these documents.
  • All interested potential purchases should conduct their own due diligence, and obtain and rely on their own documents and legal/specialist advice as required from a person/company of their choosing.
  • Any purchase decisions are made entirely on reference of potential purchasers own judgement and they have satisfied themselves on all aspects of the property independently. Such decisions have not been made upon reference of the documents received in the Information Files supplied by Property Brokers.
  • By requesting the Information Files, you give consent for the real estate agent to communicate with you.