When people talk about owning a piece of Richmond's future, there are few locations that embody that opportunity better than 211 Queen Street. Positioned directly opposite Richmond Mall and at the centre of the towns premier retail strip, this is a tightly held investment in the epicentre of Richmond's premier retail precinct.
Positioned directly opposite Richmond Mall and in the heart of Queen Street's busiest retail precinct, 211 Queen Street presents a rare opportunity to secure a fully leased freehold investment in one of New Zealand's fastest-growing regional centres.
Home to two established retail tenants, the property provides diversified rental income and benefits from favourable lease structures incorporating regular market rent reviews and ratchet provisions. Rear access to the Warring public carpark complements the exceptional street presence and convenience offered by this prime location.
As Richmond continues to experience significant residential, commercial and infrastructure growth, opportunities to acquire assets of this calibre in the heart of the town centre remain exceptionally limited.
For sale at asking price $2,250,000 (+GST if any)
Investment Highlights:
- Prime Queen Street position directly opposite Richmond Mall
- Fully leased split-risk investment
- Two established retail tenancies
- Diversified income stream
- Market review and ratchet provisions underpinning future growth
- Rear access to the Warring public carpark
- Located in heart of Richmond's premier retail precinct
Viewing strictly by appointment - contact Brad Allam or Geoff Faulkner now to find out more.
*boundary lines are indicative | land and floor areas are approx. only
