Fully Leased Freehold | 867sqm (more or less) | $331,354 Net Income
Positioned prominently on the intersection of Helwick and Brownston Streets, this substantial freehold landholding sits at the centre of Wānaka's commercial precinct.
The property comprises an 867sqm; (more or less) net freehold site, underpinned by a fully leased retail complex returning $331,354 + GST and outgoings per annum from five established tenancies.
Investment highlights
• Prime Helwick Street corner profile
• Five diversified ground floor tenancies
• Wanaka Town Centre zoning
• Eight on-site car parks
• 70-75% NBS seismic assessment
Wanaka has demonstrated sustained population growth and long-term property value appreciation, supported by constrained town centre land supply and strong underlying demand.
A strategic acquisition well suited to investors, seeking secure income and proven capital growth, with strong future redevelopment potential.
Call Geoff McElrea or Alastair Wood for an information pack.
$6,900,000 plus GST.
