10 Year Guaranteed Income!

4 Ferry Road, Blenheim, Marlborough

Property Details

  • Type
    Commercial
  • Location
    Blenheim, Marlborough
  • Price
    $895,000 plus GST (if any)

10 Year Guaranteed Income!

When long established and proven commercial investments, complete with reliable tenants in place for the next 10 years come on the market, the early bird gets the worm..

Swampys is a long-established backpackers business in the heart of Marlborough's thriving tourism sector. This property has recently been optimised and improved through boundary adjustments to provide optimum parking.

The business has taken a new TEN (10) year lease with full guarantees in place. With low cost maintenance and high long-term potential, don’t let this exceptional opportunity, in a high growth sector delivering an impressive yield pass you by.

Features:

* New 10 year lease
* Net rental, $70,000 (commencement year rebated to $65,000)
* Outgoings recovered
* Superb corner location
* Timber construction, single level building
* Well established tenant with guarantee



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