Welcome, potential investor, to a prominent 1930s commercial building. This property has quite a history, once serving as a Ford garage and showroom. Its advantageous position is right next to State Highway 6 in Greymouth, making it a landmark along the main West Coast route.
The land is secured under a Mawhera lease, running for 21 years from the first day of 2013.
In line with modern safety standards, the property has undergone significant earthquake strengthening in the 2010s. The single storey portion has been bolstered to meet the 100% New Building Standard (NBS), while the double storey section matches up to 33% NBS. Within this listing engineer's drawings are available for your perusal, to fully detail the extent and quality of the work done.
This eye-catching property holds great potential. With its high profile location, there's an opportunity to develop the upstairs portion into accommodation or similar with numerous separate spaces to lease the ground floor.
The spacious ground floor is already divided into various tenancies, but it is to be noted some are drawing to an end this year.
And let's not forget about its proximity to major attractions - it's just a short walk (approx 100mtrs) away from the Tranz Alpine scenic train station and numerous tourist hotspots.
We have an exciting opportunity for someone to take this building and make it their own or attract a new tenants including the once thriving cafe area that could easily be re-occupied without too much effort.
NB Mawhera Leasehold Land- $30,360.00 PA also the Asking Price is Plus GST (if any) Sewerage/Stormwater separation has NOT been completed and is required.
Call now for a viewing.
