1/169 Rutherford Street

Must Be Sold – Home And Commercial Prospects

This central city location is a steal, but our vendors motivation to get sold makes this proposition even better!

Whether you are looking for a home or home based business, this property is extremely attractive. Sole traders and small business owners easily could consider a live and work scenario here. There is a large double garage plus off street parking for at least 4 vehicles. An enclosed courtyard allows for private outdoor living and it is right in the heart of the city.

There are three bedrooms plus a sunroom that can utilised as office or treatment spaces, plus an open plan living/dining/kitchen area that can be closed off for your own private living space. There are two bathrooms, again, accommodating your private needs along with business.

Residential buyers, you can walk to town and leave the car at home. However, surrounded by a mix of small and large format businesses, the opportunity is here for commercially focused buyers to present your business in a high profile, high visibility location with more vehicle movements per day on Rutherford Street than any other city location.

If you are covering the costs of a home plus a separate lease right now – you could be consolidating those costs as well as giving you the equity advantage. Having always been used as a residential home, the scope here to diversify is huge. (Resource Consents may apply dependent on the nature of your business). Potential appraised commercial lease income $29,000 to $32,000 Plus GST Plus Operating expenses.

Whether you are looking to invest or occupy, central city opportunities like this are tightly held and don’t come along often. This property must be sold. Lets talk.