This multi-tenanted commercial investment presents a compelling opportunity for both astute investors and owner-occupiers. With multiple leaseholders already in place, the property offers immediate income with the added advantage of potentially operating your own business on-site, effectively becoming your own landlord.
The property comprises a mix of individual tenancies, all independent of each other. A significant portion, is occupied by a warehousing and wholesale operation, while four separate office or consultation spaces — varying in size upward of approximately 34sqm (more or less), with individual configurations, cater to a range of professional uses.
Adding further value is a flexible space available for casual hire, featuring a large meeting room, fully equipped commercial kitchen with amenities. Two generous and separate on-site car parking areas serve the site with incorporation of a secure sealed yard. The property spans two titles and benefits from dual street access, with road-frontage on both Butler and Bank Street. This ensures excellent vehicle accessibility and drive-through convenience, enhancing connectivity and future flexibility along with appealing to tenants and landlords.
With a well-utilised footprint and multiple income streams, this property offers strong potential for maximising return on investment. Whether you are aiming to boost your wealth or expand your operational footprint, 14–16 Butler Street offers flexibility, a prime location, and strong income potential to align with your investment goals.
Located under 500m to Timaru’s CBD and approximately 240m to State Highway 1, this is a golden chance in a prime location for the taking, with scope for growth and wide-ranging possibilities.
An outstanding property and a must-see for those seeking a strategic investment. 14-16 Butler Street, Timaru, is being offered for sale - "As is where is", with viewings only by prior arrangement.
View the property files here: https://www.propertyfiles.co.nz/property/920470003
