nzbizbuysell.co.nz/93025
Ad ID: 93025 Inactive

SOLD BY ADRIAN | Freehold Investment Building Business for Sale Haast

The central bank cut its official cash rate to a record low 0.25 percent from 1 percent recently, so there has never been a better time to make such a great return on an commercial building investment! Call now!

Location:
Asking:
$375,000
+GST (if any)

Business for Sale Description

SOLD BY ADRIAN | Freehold Investment Building Business for Sale Haast

NOW SOLD | Commercial Building in a Prime Location in Haast is on the Market!

This commercial freehold investment building is situated in the commercial area of the township of Haast, on the West Coast of New Zealand:

  • The current lease has two rights of renewal of 3 years each, being 4th April 2021, and 4th April 2024, with a final expiry date of 4th April 2027
  • The current rent of $30,379.92 plus GST, represents a return on investment of 8.1%
  • Another rent review is due on 4th April 2020, and the rent reviews are based on market rent
  • The tenant pays rates and insurance for the building
  • Act fast and call me now to secure this ‘bricks and mortar’ opportunity!

Tenant/Cafe:

  • The cafe is situated in the prime location in Haast, just over the road from the only public restrooms and large parking area
  • The cafe offers both in door and outdoor seating, for approximately 100 people (Approx: indoor: 70, outdoor: 30)
  • Plus the commercial kitchen was completely gutted and refurbished in June of 2016

The central bank cut its official cash rate to a record low 0.25 percent from 1 percent recently, so there has never been a better time to make such a great return on an commercial building investment! Don’t delay, call me today!

For more information or to arrange your private viewing, please contact specialist Hospitality Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.

FOR MORE INFORMATION:

To find out more, go to https://www.tourismproperties.co.nz/for-sale/investment-opportunities/cafe-freehold-investment-building-for-sale-in-haast/ and press the "register" button.

Contact Broker: Adrian Chisholm

  • International: +64 21 727 888
  • NZ Mobile: 021 727 888
  • Email: adrian@tourismproperties.com

Agency reference #: 20928

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