Real Estate Australia

10 Year Lease with Built-In Growth
By Negotiation



  SOLD  

Property Location: 1 Onslow Road Lake Hayes Estate - Queenstown-Lakes - Otago

Listing Id: 67026010  

Land

Size: 1113 Square Mtr Approx  

Description: A good quality, two level commercial building near Queenstown in the established residential area of Lake Hayes Estate. This unique building comprises five separate tenantable areas, comprising three retail areas on the ground floor and two office/accommodation areas above. Total floor area is over 373sqm on a site of 1,113sqm.

The current lease is over the entire property to a single tenant, returning $164,800 + GST per annum.

Property Highlights:
• Established food & beverage operator
• 10-year lease over the whole property
• Modern commercial building
• High profile corner site
• Ample off-street parking
• 3% built-in increases p.a. & market rent reviews every 3 years

For Sale by Negotiation.

For more information or an inspection on the property, please contact sole agents, Tim Thomas or Rory O'Donnell.

10 Year Lease with Built-In Growth
By Negotiation


Contact Colliers Queenstown Today!!!

Contact Tim Thomas
Phone 022 543 3210

Contact Rory O'Donnell
Phone 027 445 3982

Property ID:67026010

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interested parties must make their own enquiries with Colliers Queenstown!

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