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Commercial

1 Surrey Road Springvale, Wanganui 4501

Sold on 24 Feb 2016
  • Building: 340m²
  • Land: 1,377m² (0.34 acres)
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Commercial in Springvale

Exceptional Investment Property

  • Building: 340m²
  • Land: 1,377m² (0.34 acres)

Situated in one of Wanganui's top suburbs - Springvale - this ex motel complex is in a prime position, which attracts good tenants.

This sought after location is close to the Springvale Shopping Centre, Springvale Sports grounds and Stadium. A few minutes to the city centre and is Wanganui High School zoned. This investment has fantastic returns of over 8.5%.

The property is made up of one three bedroom house, four studio rooms and two one bedroom units, returning currently $1179 per week.

Very good occupancy rate with some long term tenants currently tenanting, if you are looking for a long term investment then this one will excite.

Price by negotiation plus GST (if any).

Property ID:

WAN26319

Building:

340m²

Land:

1,377m² / 0.34 acres

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