Work & Live/Income? YIP!

This property is currently not available.

With the closing of a long standing takeaway shop, this prime 160m2* commercial space at the city end of Karori Road is available for immediate possession. This is the perfect opportunity for you to own your premises and secure your long term business future.

As well as a dedicated car park out the back, allowing for easy loading and unloading, your customers will also enjoy the on-street parking. Flanked by plenty of complementary businesses, this opportunity would suit a new cafe, takeaway, bakery, lawyer, accountant, retail shop, showroom or so much more.

Historically this was two different commercial spaces, so you could look into returning it to two separate premises to further increase the potential. For now, you will enjoy a massive storage/workshop area at the back (with multiple three phase power), an office space and plenty of toilets!

If you still need more reason to view this space, upstairs has a 90m2* two bedroom apartment that has had the same tenants for well over 10 years, paying $360 per week (not reviewed since 2015). As these tenants have been great, long standing tenants, the rent has not been market reviewed. Previously the entire downstairs space was leased to the takeaway business for a long time. The lease they were paying was $55,000 + GST per annum; also not recently market reviewed.

Contact us today to find out more about this prime commercial space.

Contact William YIP, Team YIP on 021 106 9997 to discuss your needs.

Marketed by Team YIP – http://www.TeamYIP.co.nz

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* *Note: Floor areas are obtained as at July 2024 via CoreLogic property records and we have not verified these.

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