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Fully Tenanted Investment Circa 8% Yield!

St Helens, 16 Medeas Cove Esplanade

$299,000 Plus GST (if any)

Listing Number: TNT0587
About this listing
It is not often that large parcels of land become available in the middle of St Helens - let alone such a unique position with only the roadway separating it from the water. 16 Medeas Cove is currently mixed use and comprises of a 3 bedroom residential dwelling and a commercial building split into two tenancies, the property is currently fully tenanted.

Whilst this property would make a great investment as is, it is also well suited to those looking to develop and would be a fantastic location for residential units or short term holiday accommodation STCA.

- Land Size - 1780m2 approx.
- Building Size - 319m2 approx.
- Zoning - General Business
- Constructed in 1965

For more information please contact Andy Howell of NAI Harcourts North.
Commercial Real Estate Services, Worldwide.
Property Information
  • Floor Area: 319 sqm
  • Property Type: Warehouse, Other (Residential), Retail
  • Floor Area
    • Warehouse Square Metres: 319

Contact Details

114 George Street
Office website

Property Location

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