149-151 High Street, Blenheim
Offers over $500,000
Two Shops—Double the Opportunity
Situated on a main arterial road with accessible on-street parking, this property has two shops each with their own two-bedroom accommodation.
The current businesses are a local Dairy and Fish 'N' Chip. Both businesses have been very well supported by the local community over many years.
Both shops are leased to one tenant on a three-year lease with three right of renewals and regular rent reviews. Total rental $36,400 + GST per annum plus standard outgoings.
It is rare for small commercial investments to become available and now is the right time to step into the market.
• Located on a main road with high vehicle traffic
• Two established and locally supported businesses
• Rent return of $36,400 + GST per annum plus outgoings
• Total land area of 639m2
• Total floor area of 260m2 more or less
• A great entry-level commercial investment
To find out more about this rare investment opportunity, please contact Grant Thorpe.
Open for Inspection Contact Agent