Retail Property for Sale

166 Thames Street Oamaru 9400, Waitaki District

Negotiable From $415,000 (+ GST if any)Play Video
  • Building: 805m²
  • Land: 966m² (0.24 acres)

Inspections are available by appointment only. Contact the agent to request an inspection.

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Retail Property for Sale in Oamaru

Great Commercial Investment

  • Building: 805m²
  • Land: 966m² (0.24 acres)

Great investment opportunity with even further potential to improve on the rental returns.
Aprox 805 m2 two story Oamaru stone building divided into a Large ground floor shop, currently housing a second-hand shop, returning $20,800 plus GST pa, two first floor, modernised 2 bedroom flats with long term tenants returning $22,880 pa. Also includes a 268m2 section currently leased to a neighboring business, returning $5200 Plus GST pa. Roof replaced 2016, earthquake engineering report completed, 2017 electrical inspection completed.
Current RV of $415000. Business 1 zoning. Price is plus GST (if any).
Land and buildings only for sale.
Perfect for those looking to step up onto the commercial investment ladder. Contact Maree to discuss and view.

Building:

805m²

Land:

966m² / 0.24 acres

Zone:

Business 1

Contact

Agents

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