• 6,717sqm (more or less) freehold land in the centre of Oamaru
• Long-term national tenant
• Regional service centre with large loyal catchment
A prime opportunity to invest in a market segment with proven performance, supported by a blue-chip tenant in north Otago's key regional hub. 27 Eden Street comprises some 6,717sqm of land and a quality 3,528sqm building. The property is extremely well located for foot traffic adjacent to a major national supermarket.
Subject to tenant approval, the current term will be extended to 1 September 2032 with three rights of three-year renewals. With a seismic rating of 80% of the New Building Standard (2015) this is an outstanding regional blue chip investment property.
Oamaru is the largest north Otago township supported by a wide range of commercial activities between Dunedin and Timaru extending up the Waitaki River to Omarama.
Returning $418,599.96 per annum + GST and outgoings. Full tenancy details are available on request.
