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Listed almost 3 years ago

ID#511102

Levin

Horowhenua
Tender
Approx
750
(≈8,072.92 sq.ft.)
1,116
(12,012.51 sq.ft.)

Prime Corner Investment Opportunity

Located in the heart of Levin, this substantial property is now for sale after 85 years of family ownership. Situated on a high-profile, north-west corner site fronting both Oxford Street (State Highway 1) and Queen Street West, this 1116-square-metre site has six tenancies, with many of these very long-term, established businesses. A drive-on service lane runs behind the buildings where there is car parking available for 8 cars.
Levin is at the centre of Horowhenua and the Kapiti Coast's excellent economic growth, with a particularly strong outlook forecast for the next 15 years, due in part to the significant projects planned for the region. More than 14,000 cars pass by every day on SH1.
This offering is a rare opportunity to secure a land holding underpinned by its prime location and providing plenty of options for a new owner. To ensure you don't miss this chance, contact Lisa and Bruce now for further information.
Key features:
* Land area 1116 square metres
* Nett rental circa $102,000 per annum
* Possible owner/occupier of 1 tenancy later this year
* Future re-development potential
* Potential to add value
* Strong growth forecast in surrounding region
* RV $880,000
* Encompasses street addresses 239,241 & 243 Oxford Street, 4,6 & 8 Queen Street West.

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Agents

Lisa Durrant

Team Wellington NAI

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Lisa Durrant has been involved in property for more than 25 years, so knows what it means to be a buyer, a seller, property investor and developer both in the city and rural areas. This experience is backed by many years working for award-winning newspapers writing and editing features, including lifestyle and property publications. She has also owned her own communications business and, along with her late husband, a number of well-known Wellington restaurants. Since relocating back to her home town of Wellington six years ago, Lisa has enjoyed a successful career in real estate residential sales. Last year saw her move to the commercial arena, which includes both sales and leasing, followed by her appointment to manage the Wellington commercial division of NAI Harcourts.

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Bruce Stokes

Team Group Realty Ltd - Waikanae

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

This property was photographed by

Phil Armitage

Horowhenua/Kapiti Coast Photographer Franchisee

ID#511102

Levin

Horowhenua
Tender
proudly marketed by
Lisa Durrant Bruce Stokes
Team Wellington NAI
Lisa
027 474 0679
Bruce
+64 27 493 9763
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