Income Earner - As Is, Where Is
210 Colombo Street, Sydenham
Property ID: RD7857
Occupying a high-profile corner site and enjoying instant cash flow offered by a long-term tenant, this charming investment property offers various long-term options and is presented to the market on an 'as is, where is' basis.
Currently leased by Amala Organic Hair, it provides you with a consistent income stream for the next three years. The tenants also have the right to renew for another three years, as well as the following three years after that. This 240m2, TC3 section is freehold and zoned medium density which will appeal to investors who are considering redevelopment down the track.
The property itself is well-presented and packed with personality, with character detailing and undeniable potential offered indoors.
The location is superb, in the heart of Beckenham and only a few minutes' drive from The Colombo and city centre. It is also in-zone for Beckenham School and Cashmere High School which further underpins the value of your investment.
With no plan B in place, the vendor is determined to achieve a result in a timely fashion. Contact me for more information.
To view and download the property files, go to: https://propertyfiles.co.nz/property/210Colombo
Please be aware that this information has been sourced from our vendor and/or external third parties, including but not limited to REINZ, Property Guru, Property Smarts, Land Information NZ, Local Councils, and other organisations, and we have not been able to verify the accuracy of the same.
Security system, Smoke alarms
Garaging / carparking
Heating / Cooling
Heat pump, Gas bottled
Fixed floor coverings, Light fittings, Heatpump x 2
Original and Finished in Stainless steel
Gas, Electric, litres: 65
Close to schools, Close to shops, Close to transport
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