• Freehold cross lease title
• 521sqm (approximately) of floor area
• One existing tenant
• 40%NBS
• Three carparks
• $1,400,000 +GST (if any)
220 Karamu Road North is not only positioned for profile, but is now also for sale.
With approximately 27m of exposure to Karamu Road and proximity to various commercial precincts, this property is not only very well located but also presents ample opportunity to add value in the future.
Discount Vapes is the existing tenant, paying approximately $42,228 net +GST pa for their 173sqm (approximately) tenancy.
The 348sqm (approximately) tenancy recently vacated by Sharp, is available for occupation, and could be of great interest to an owner occupier looking to expand or relocate into a high traffic area.
It isn’t often you get a vendor being transparent about pricing, so call Matt Webb from Bayleys today for further details and documentation.
