Listing #:1931860
Commercial Investment
| Location: | Picton, Marlborough, Marlborough |
|---|---|
| Property use: | Hotel/Leisure |
| Floor area: | 317m2 |
| Land area: | 335m2 |
| Price: | Asking price $850,000 |
| Property ID#: | AAD549 |
Commercial Investment, freehold title incorporating the Bar and Restaurant known as the Oxley Rock Hotel, located on London Quay next to the marina and waterfront in Picton. Complex was built in 2006 whilst retaining the original facade, registered as a category II historic place.
Capital Valuation $800,000
Zoned Commercial and Retail
Freehold title - note not unit title
Current lease 5 x 5 years
Renewal 1 Dec 2013
Final expiry 1 Dec 2018
Annual rent $84,000 incl GST plus outgoings
Our vendors are releasing this asset and presenting it as a great opportunity to be considered in a prime Picton commercial location.
Please contact Glenn Dick for further information on this unique and stunning Picton property for sale.
For Sale $850,000 + GST (if any)
If you would like to receive our fortnightly email newsletter, please email glenn.dick@bayleys.co.nz and put PLEASE ADD ME TO EMAIL in the subject line. It is a great way to hear about new listings and to keep up to date with the local property market.
Keywords: Picton, commercial property for sale, real estate for sale,
Agency reference #: 112711
Capital Valuation $800,000
Zoned Commercial and Retail
Freehold title - note not unit title
Current lease 5 x 5 years
Renewal 1 Dec 2013
Final expiry 1 Dec 2018
Annual rent $84,000 incl GST plus outgoings
Our vendors are releasing this asset and presenting it as a great opportunity to be considered in a prime Picton commercial location.
Please contact Glenn Dick for further information on this unique and stunning Picton property for sale.
For Sale $850,000 + GST (if any)
If you would like to receive our fortnightly email newsletter, please email glenn.dick@bayleys.co.nz and put PLEASE ADD ME TO EMAIL in the subject line. It is a great way to hear about new listings and to keep up to date with the local property market.
Keywords: Picton, commercial property for sale, real estate for sale,
Agency reference #: 112711
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Property buyer's checklist
Asking price: $850,000
Listed: Thu 10 Apr, 1:34 pm
Glenn Dick
Realnz Software
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Contact details
- (03) 5787700
- (021) 731201
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Expires: Sat 24 May, 5:19 pm
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