Attractive multi-tenancy investment comprising a total floor area of 720sqm with great street frontage. All located in the heart of the Blenheim CBD.

This property offers the opportunity for seasoned and entry-level investors or developers to acquire a centrally located property in Blenheim’s premier shopping district.

The ground floor area of 360sqm has excellent street frontage to Scott and as the former Mitchell Sports store, site recognition is high. The floor plan is largely open plan with potential to divide for stock storage area. To the rear and side of the building are additional entrances for the ground floor tenancy allowing for easy stock delivery. There is a kitchen, staff area/storage area and toilets also at the rear of the building.

The first floor area has been divided into two tenancies. The front tenancy of 218sqm is vacant, while the rear tenancy of 142sqm is leased. There is plenty of natural light and two stairways for access (one to the laneway and one to the ground floor tenancy).

With options for a ground floor retail tenancy and two first floor office tenancies there is potential to generate over $100,000 per annum plus GST and outgoings.