1/169 Rutherford Street

Offers over $819,000
1/169 Rutherford St,
Commercial Opportunity

Overview

  • 3 Bedrooms
  • 2 Bathrooms
  • 2 Garages

Description

Build Your Business & Your Equity

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

Surrounded by a mix of small and large format businesses, the opportunity is here for 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.

Imagine if what you’re paying in a lease right now could be covering your interest bill and giving you the equity advantage you otherwise wouldn’t have. 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 lease income $29,000 to $32,000 Plus GST Plus Operating expenses.

There are three/four rooms that can utilised as office/treatment space, plus an open plan living/kitchen area that has the potential for further reconfiguration to allow for a meeting room or simply staff room space.

Sole traders could consider a live and work scenario also, making this property even more attractive. There is a large double garage plus off street parking for at least 4 vehicles. An enclosed courtyard allows for private outdoor living right in the heart of the city.

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.

Property Information Pack

Property Id : 12781
Bedrooms: 3
Bathrooms: 2
Garage(s): 2

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Debbie Cooper-Norriss