129, 131 and 133 Broadway Kaikohe - Main street property, a smart investment with excellent potential to grow your income.
This 698m2 freehold property offers an attractive investment opportunity with established rental income and the potential to earn even more.
The well presented reroofed building is largely occupied by a stable retail business under a long term lease, providing a solid foundation for your investment.
There is also a small shop or office space available to lease with an anticipated income of approximately $5000 per annum.
Add this to the seven storage units also available which could generate an income of $16,000 per annum and theres plenty of scope to boost your returns.
With existing rental income of $22360 plus gst and outgoings per annum the potential total income could reach approx $43360 making this an opportunity worth serious consideration.
Purchase options - $375,000 plus gst for the main property. $425,000 plus gst including all 7 storage containers.
If your looking for a property with established income and the potential to increase returns this could be the passive investment you have been waiting for. Get in touch to find out more.
