180sqm
floor area
266sqm
land area
Accessibility | Development potential in prime CBD location |
Add value | Total land: 266 sqm (more or less), building floor area: 490 sqm (more or less) |
Floor area | North facing character three stories + basement building |
Opportunity | Vendor is serious about meeting the market |
The current owner has done well with this investment property over the years of ownership, and now with a change of lifestyle, they are keen to move it on to a new owner who can see an immediate upside in adding value to this prominent CBD property.
While the current fit-out is very comfortable and well presented, it is well acknowledged that the building needs some upgrading work to satisfy earthquake rating compliance, while at the same time, being able to further add value such as the installation of a lift to increase the multi-floor utility.
The location of this property sees it squarely amongst the ongoing inner-city modernisation that has lifted the city CBD remarkably so. A couple of onsite carparks are positioned at the rear of the building, while the north street frontage area provides ample, easily accessed public parking.
If you are looking for a quality location to invest in, you should call now to discuss.
Licensed under the REA Act 2008
Mobile: +64 21 029 67031 |
Office: +64 3 214 1504 |
michael.frecklington@bayleys.co.nz |
180sqm
floor area
266sqm
land area
Accessibility | Development potential in prime CBD location |
Add value | Total land: 266 sqm (more or less), building floor area: 490 sqm (more or less) |
Floor area | North facing character three stories + basement building |
Opportunity | Vendor is serious about meeting the market |
19 The Crescent, Invercargill
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 029 67031 |
Office: +64 3 214 1504 |
michael.frecklington@bayleys.co.nz |
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