Timaru
234 - 236 Stafford Street, Timaru, Timaru
+11
Big return, one smart investment
• Two adjoining freehold titles
• Prime Stafford Street location
• Two established retail tenants
• Returning strong holding income
234-236 Stafford Street presents an opportunity to secure a commercial investment in the heart of Timaru's retail precinct. Comprising two adjoining buildings on separate freehold titles, these properties are available for sale together or separately, providing investors with flexibility and dependable income.
234 Stafford Street comprises a 211sqm freehold site with a floor area of approximately 205sqm, while 236 Stafford Street offers a 333sqm freehold site with an approximately 151sqm tenancy.
Positioned on sought-after Stafford Street, the properties are occupied by established retailers, The Lolly Shop and Stompz Shoes, currently returning $65,040pa plus GST.
Whether you're looking to expand your portfolio or secure an investment with future upside, this dual-title opportunity is well worth your consideration. Offered to the market with absolute motivation by our determined owners.
Contact the Sole Agent's today to arrange a viewing.
Alex White
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Stewart White
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Prime Stafford Street location
Opportunity
Two adjoining freehold titles
Lease
Two established retail tenants
Passing income
Returning strong holding income
Have your questions answered
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Request more information
Contact us and have your questions answered.
Property files
Use the download button below to view all available documents for this property.