Marlborough Commercial Limited
Real Estate Agents
- Listing #:
- RX3899293
- Listed:
- 123 days ago
$1,849,000
Secure Investment: Dual National Tenants
101-101A Market Street, Blenheim, MarlboroughRetail
-
- 778m2 Floor Area
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- 720m2 Land Area
About this property
Commanding a prime position in the heart of Blenheim's Central Business District,101-101A Market Street is strategically located along the main retail shopping strip, ensuring standout visibility and exceptional brand exposure thanks to the continuous stream of vehicle and pedestrian traffic.
With a combined floor area of 778sqm (more or less), these notable properties boast two well-known national tenants, each with long-term leases in place.
A multi-tenant investment comprising approximately $130,000 plus GST in annual rent with regular rent reviews.
Tenants have easy access to the back of the building via a rear laneway, including three parking spaces exclusively for staff. Additional paid parking in close proximity for staff and customers.
The properties have been earthquake strengthened to 87%NBS.
Key features
• Multi-tenant investment with high income and long-term leases
• Located in a prime position along Market Street, Blenheim's main retail strip
• Seismically strengthened to 87%NBS
For Sale $1,849,000 plus GST (if any)
For more information or to view, contact the exclusive agents Grant Thorpe or Zak Thorpe
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