57 Sophia Street, Timaru Central 7910

For Sale $1,150,000 plus GST (if any)

CENTRAL CITY - RETAIL

Land Area: 404 m2 (more or less)

Building Area Shop floor 309 m2, Cafe/Office 70 m2, Mezzanine 15 m2.

Rates: Not yet assessed for 2018/2019 year.

Right to park, access & load. Rental payable to Timaru District Council $2,075.00 pa (inclusive of GST).

Lease Details:

Tenant: Topbike NZ Limited

Net Rental: $68,395 pa plus GST plus outgoings.

Current Term Expiry: 1 October 2021

Rights of Renewal: One further term of 4 years

Final Expiry: 30 September 2025 (subject to renewal)

Rent Reviews: Two yearly.

Make enquiry

This property is proudly listed by:

First National Real Estate Reid & Wilson 167-169 Stafford Street
Timaru NZ 7940

Open for Inspection

By Appointment

Additional information

Property Type Retail to Buy
Property ID 41959110424
Price $1,150,000 plus GST (if any)
Council Zoning Commercial 1B
Council Rate $3,237
Land Area 404 sqm (approx)
Building Area 394 sqm (approx)