Invest in a CBD Classic
66 Bank street is a classic central Whangarei building that offers the astute investor a well renovated, multi-tenanted investment property.
With a current Net Annual Income of $109,569.12 +GST and the potential to raise this to $119,969.12+GST by tenanting the last available commercial tenancy, there is room to increase returns.
Known as the coronation building, it was built to commemorate the coronation of Queen Elizabeth II and spans 842sqm of floor area over 4 levels.
• High profile street frontage
• Additional access off Butter Factory Lane
• A seismic report has been made available and offers the desired 67%NBS rating.
• The full renovation was completed in 2022 and comes with the required Code Compliance Certificate from Council.
• Flexible use with a range of activities such as office, retail, and residential permitted.
• Situated in the heart of Whangarei close to many eateries and cafe's, public transport and businesses.
• Private basement parking
Don't miss out on this unique opportunity, call us today to view!
