173-181 Oxford St Levin
173-181 Oxford Street
The subject property comprises an architecturally designed retail building of mainly concrete and iron construction situated on a commercial 1089 m2 site with 1672 m2 building area in the central business district of Levin. The life of building was built circa 1950. Use/Occupation of a Retail Shop and improvements were circa in 1980.
Internally there is 1005 m2 more or less on the ground floor with an open plan show room, a separate
kitchen, two toilets and a staircase leading to the upper level. There are automatic
doors opening onto Oxford Street with a further rear accesses leading onto Regent
Lane. The ground floor has 20 internal columns that impact on the clear floor space.
The top floor consists of three offices and two small storage rooms opening from the
landing. There are two larger rooms of approximately 60 m2 each opening off the access way. The access way (Now blocked off) goes all the way around to a completely separate 64 m2 area at the front of the building.
The entire showroom floor and office floor is carpeted.
There are a number of security alarm sensors and manual fire alarm systems.
There is a sprinkler system throughout the entire building- Access to the building is via automatic
double glazed doors.
3-4 parking spaces are at the rear. The stable tenant pays annual rent at $75,000 plus GST and still has a 6 year lease remaining. Recently a building nearby in the street sold at $2,600,000.
With an asking price of $1,300,000 the property offers a good return in a great location!
Call Susan Xiao 0212020268 to know more details.