For Sale | Retail to Buy, Investment Flats | 21 Commercial Street, Takaka 7110 | $610,000+GST (if any)

COMMERCIAL INVESTMENT OPPORTUNITY

$610,000+GST (if any)

Once used as the local meeting hall for the RSA & other community events, this 1950’s building has been extensively remodelled & upgraded to provide a low maintenance & low property management premises, yet retaining all its character. External construction consists of concrete pile foundations, concrete walls, reinforced with steel bracing, wooden & aluminium (double glazed) joinery & various doors providing entry including a 'tilta' door at the rear of the premises. The iron roof has been completely renewed. Sound proofing insulation between the lower & upper floors.

The ground floor area of 127sqm consists of a workshop & retail area with ramp & veranda at the front allowing dual entry into the showroom. The entire ground floor has matai t&g polished flooring. There is a toilet in the corner of the workshop as well as sink bench top. Entering the first floor apartment at the rear of the building, the recycled staircase is in keeping with the charm of upstairs. Open plan living, dining & kitchen with a well fitted out bathroom. Here there are 2 dble bdrms with wardrobes. In keeping with its history, the owner has kept the Nissan hut style roof which has been reconstructed with new curved Colorsteel iron. The large balcony at the rear of the apartment is a great feature & takes advantage of the views of the hills surrounding Takaka. It also includes an automatic louvred sun screen installed above the deck.

Many positive features of this property –

Central commercial location,

Comprehensively renovated and modernised,

Dual income from commercial occupation & residential rental income,

Dual access provided to front & rear of premises,

Parking at rear of building,

Telephone, mains power & sewerage all connected. Water is by bore & water pump.

This property is proudly listed by:

First National Real Estate Golden Bay 50 Commercial Street
Golden Bay NZ 7073

Open for Inspection
By Appointment

Additional information

Property Type Retail to Buy, Investment Flats
Property ID 46010113681
Street Address 21 Commercial Street
Suburb Takaka
Postcode 7110
Price $610,000+GST (if any)
Council Zoning Commercial
Council Rate $3,672
Land Area 321 sqm (approx)
Building Area 240 sqm (approx)
CV $410,000
Date Available Now