Bank this Freehold Investment Returning c$140,000 pa +gst + Outgoings

Freehold assets provide secure investments for numerous investors and certainly exceed bank deposit rates !. A high profile mixed use Freehold in central North Island is now selling and is definitely bankable.

Forget low to sub 0% bank interest rates as this will out-perform the bank. Key factors to entice your offer -

• Ohakune resort town on high profile, SH 49 corner site
• Fully leased, 4 tenancies
• Land – prime corner site c.3035m2
• Buildings – c.1070m2
• WALT c.13 years
• NBS ≽70% (see IM)
• Rent c.$140,000 + GST & outgoings
• Mixed use Accommodation, Bar, Restaurant & Liquor outlet

Proven lessees provide a solid, passive investment.

Marketed by way of Negotiation, circa 7% yield.

Talk to the vendors Exclusive agents and Links accommodation specialist, Lindsay Sandes

Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz

Hugh Milloy, 021 901 390, hugh.milloy@colliers.com

***Some details of the freehold for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#freehold #accommodation #northisland