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e-valuation

62 Kelvin Street, Invercargill central, Invercargill

$3,395,000 + GST
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LOCATION LOCATION LOCATION
Features
540m2
1011 m2
This substantial property is being offered for sale in the heart of the Invercargill CBD. First-floor tenancy leased at ... Read more
This substantial property is being offered for sale in the heart of the Invercargill CBD. First-floor tenancy leased at $150,000 per annum + GST and OPEX approx. 5-year term with rights of renewal remaining. The opportunity lies on the vacant ground floor, which is a modern office/retail space with approximately 540m2 of usable space. The prime location and outstanding building would suit well to lease as is or redevelop and capitalise on this sought-after location. Current NBS 79%. The property holds 14 car parks with 7x held vacant for the ground floor. Floor-to-ceiling glass allows for maximum light. Located on the corner of Kelvin and Spey Street, the property benefits from excellent exposure and is just around the corner from the new $165m Invercargill Central Bock and Shopping Mall. Seldom are properties of this stature available in Invercargill, call listing agent Rhys White for more information 027 696 1101.

Please Note: Land Measurements are approximate and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (ie: Regional/City Councils, Property Guru, Core Logic etc) We cannot however verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
RED25648
Agent Details
Rhys White
Rhys White
M:
027 696 1101
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