384sqm
floor area
218sqm
land area
Exposure | Prime road frontage |
Floor area details | Measuring 348sqm (more or less) with first floor and basement storage |
Lease term | Brand new seven year leaseback to National brand Merchant 1948 |
Location | Prime location on Cameron Street, Whangarei's primary retail street |
•Freehold CBD-investment opportunity returning $93,359pa + GST and outgoings
•Brand-new 7-year leaseback to national footwear brand Merchant 1948
•Prime location on Cameron Street, Whangarei's primary retail street
•Substantial premises measuring 384sqm (more or less) with first floor and basement storage
Presenting 14 Cameron Street, an exceptional investment opportunity positioned in a prime CBD location.
Comprising a freehold title measuring 218sqm (more or less) and a 384sqm (more or less) premises occupied by Merchant 1948, a well-established national brand footwear retailer.
The property presents a strong investment profile returning $93,359pa +GST and outgoings set to increase by 3% annually and benefitting from a new 7-year leaseback.
With prime frontage on Cameron Street, Whangārei's premier high street is underpinned by Commercial City Centre zoning, encouraging ground floor commercial and retail activities while supporting residential use on upper floors.
Further information available via the following link:
https://propertyfiles.co.nz/property/1053790
Licensed under the REA Act 2008
Mobile: +64 21 024 64785 |
Office: +64 9 425 7640 |
henry.napier@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 022 10339 |
Office: +64 9 470 0960 |
daniel.sloper@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 532 121 |
Office: +64 9 375 6890 |
alan.haydock@bayleys.co.nz |
384sqm
floor area
218sqm
land area
Exposure | Prime road frontage |
Floor area details | Measuring 348sqm (more or less) with first floor and basement storage |
Lease term | Brand new seven year leaseback to National brand Merchant 1948 |
Location | Prime location on Cameron Street, Whangarei's primary retail street |
14 Cameron Street, Whangarei
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 024 64785 |
Office: +64 9 425 7640 |
henry.napier@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 022 10339 |
Office: +64 9 470 0960 |
daniel.sloper@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 532 121 |
Office: +64 9 375 6890 |
alan.haydock@bayleys.co.nz |
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