Otago Investment Opportunity

An excellent investment opportunity is now available in Otago, with three PGG Wrightson buildings being offered for sale with guaranteed lease back arrangements in place.
The Outram store is situated in central Outram, approximately 26 kilometres west of Dunedin City and is positioned on a level freehold site measuring 979m2 (more or less) with two street frontages. The building offers warehousing/bulk storage, combined with retail and office facility.
•Building size approx. 516 m2 + secured yard
•National Blue Chip tenant
•Sale and lease back to PGG Wrightson
•Seismic rating A grade
•Initial lease term 10 yrs
•Annual Rent $34,000 + Outgoings + GST
Other properties available under similar arrangement are;
•Mosgiel ID DUN20479
•Milton ID DUN20477
Buildings are available as a group or to be purchased individually.