113 High Street, Dannevirke, Tararua
From $349,000 + GST (if any)
299m2
532m2
+16
+15
Magnificent investment opportunity
Fully leased building earning $25,000+GST +rates +shared insurance. - Current RV $355,000 (Sept 2023). - Final lease expiry date Feb 2030. Renewal in 2027. - Tenant is willing to extend lease up to 2040. - Located in a prominent SH2 position with high traffic flows. - Tararua District Council has not designated this building as an EQ-prone building. This Iconic two-story historic building of the 1910 era features a comfortable upstairs 3-bedroom flat, which includes storage, kitchen, laundry, staff toilet, staffroom area, bathroom and lounge with privacy and views over CBD. The tenant occupies a flat upstairs and utilizes the ground floor as a well-established and well-known toy and puzzle-making business, retailer, and book distribution center. Don't miss this unique opportunity - book your private viewing now!
113 High Street, Dannevirke, Tararua
Web ID
DC108736
Floor area
532m2
Land area
299m2
District rates
$5,040.30pa
Regional rates
$302.30pa
LV
$110,000
RV
$355,000
From $349,000 + GST (if any)
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