The Jewel In The Town Centre
Web Reference: SWCC11062
58-64 Tarbert Street, Alexandra, Central Otago
$2,500,000 + GST (if any)
- 58-64 Tarbert Street, Alexandra
This high-profile property that is leased to a Blue-Chip tenant (Smith City), situated in the heart of Alexandra and servicing all Central Otago. Spanning two street frontages with excellent foot traffic and parking this property is the jewel in the centre of town. The building has a gross floor area of 2120 square metres approximately on a total land area of 2751 square metres all on a freehold title.
The lease of 6 years, commenced in 2016 with right of renewals taking it through to 2024.
A Registered Market Valuation of $2,695,000.
Net Capitalisation Rate of 7%.
Priced $2,500,000 + GST (if any)
|Land Area||2751 m2|
|Floor Area||2020 m2|