Collective First National - Team Churton
Real Estate Agents
- Listing #:
- L23849339
- Listed:
- 256 days ago
Enquiries Over $1,070,000
Unique Investment Opportunity
114 Middleton Road, Churton Park, WellingtonResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 6 Offstreet Car Parks
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- 160m2 Floor Area
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- 516m2 Land Area
About this property
The Churton Park Store has been in the same family for more than 30 years and represents a rare opportunity to own a mixed commercial and residential investment property, all on prime Churton Park land.* High profile commercial space on busy Middleton Road
* 2 onsite carparks + 6 council parks
* Single level three-bedroom unit
* Land prime for land banking and future development
This property is sure to appeal to a wide range of buyers. An astute buyer may wish to run their business from the front and rent out the flat, which is currently rented at $635 per week. Another option is to run your business from the front and live in the flat. For the keen developer you could start with a blank slate and build several townhouses. Finally, you may wish to lease the commercial space as well as the flat, providing you with an excellent investment return. We have a rental assessment for the commercial space of $35,800 per annum. This equates to an impressive $1,323 in potential weekly rental income.
Enquiries over $1,070,000.
Please contact us if you would like a full info pack, or if you would like to organise a time to view. Viewing is by appointment only.
For more information and a property brochure, please visit www.collectivefn.co.nz...
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