Sold
202 Glenda Drive, Frankton, Queenstown

202 Glenda Drive, Frankton

202 Glenda Drive, Frankton, Queenstown, Otago, 9300

202 Glenda Drive, Frankton, Queenstown

Sold On

23 December 2021

Floor Area

649.22 sq m

Land

1000 sq m

Leased 3 Tenant Commercial Property

Leased 3 Tenant Commercial Property

A modern industrial building 100% leased to three tenants. Built in 2006 with a land area of 1,000 sq m of Freehold Fee Simple land, the property is returning $130,000 plus OPEX plus GST per annum with fixed 2.5% annual rental increases for all three tenancies. A tenancy schedule and information packet is available upon request. Located in the popular and sunny Frankton industrial area, this would be perfect for Family Trust investors or those looking to beat the bank! It is zoned commercial which means a purchaser can originate from anywhere around the world without restriction.

Leased 3 Tenant Commercial Property

Property Details

Property ID

QBS12757

Floor Area

649.22 sq m

Land

1000 sq m

Location

202 Glenda Drive, Frankton, Queenstown, Otago, 9300
Gerard Bligh

Gerard Bligh

Sales Associate

Let's get in touch

Marketed by

Gerard Bligh
Gerard Bligh

Sales Associate

Hadley van Schaik
Hadley van Schaik

Sales Associate