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Commercial

12,12 Frederick Street Wanaka, Queenstown Lakes District

Sold for $450,000 on 18 Nov 2020
  • Building: 120m²
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Commercial in Wanaka

Affordable Commercial Property

  • Building: 120m²

This two storied unit has a long term tenant and presents the perfect opportunity to buy an affordable commercial investment property in Wanaka. The established tenant has recently signed a new three year lease (plus a three year renewal) giving certainty over your returns.

The unit comes with 2 carparks and has separate entrances for both the downstairs and upstairs spaces giving options for multiple tenancies in the future. The complex as a whole has a mix of tenants and due to the size and flexible configuration of the units they appeal to a large number and diverse range of tenants.

With interest rates at historic lows there has never been a better time to invest in property.

Price is $459,000 + GST (if any)

To download the property documents, please visit http://rwwanaka.co.nz/WNK22888#documents

Features:
  • Electric Hot Water
  • Heat Pump
  • Separate Bathrooms
  • Separate WCs
  • Insulation: Walls & Ceilings
Property ID:

WNK22888

Building:

120m²

12,12 Frederick Street, Wanaka, Queenstown Lakes District