Link Business

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

Listing: #EL02820

Lindsay Sandes

Broker | Auckland - Ellerslie

Lindsay Sandes

lindsay.sandes@linkbusiness.co.nz

+64 9 555 6003

+64 21 895 940


About this Freehold for sale in Central North Island Area

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 Deadline Sale closing 4.00pm, Thursday 26 November 2020, unless sold prior

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

 

To find out more, go to linkbusiness.co.nz/EL02820 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

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

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Auckland - Ellerslie
lindsay.sandes@linkbusiness.co.nz
+64 9 555 6003
+64 21 895 940

Lindsay Sandes

Enquire Now

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.