734.4 m² Commercial space in Wellington North
Tender Opportunity - 16 on Addy Retail Center Wellington
An unparalleled investment opportunity awaits with the sale of 16 on Addy, a thriving retail center in the picturesque town of Wellington. This historic property, originally an old wagonry dating back to 1876, is now a bustling hub of commerce with a rich mix of tenants, including a popular restaurant, art gallery, barber, and decor shop.
Key Features:
*Good Rental Yield: A proven track record of excellent returns from established tenants.
*Strategically positioned in Wellington, with easy access and high visibility.
*Scenic Views: The property boasts stunning views over the surrounding vineyards, adding to its charm and customer appeal.
*Sustainability: Soon to be *100% off the electricity grid, reducing operational costs and increasing environmental sustainability.
*Untapped Potential: The current owner has left ample room for further development, offering endless possibilities for growth.
*Ample Parking: Generous parking space ensures convenience for both tenants and visitors.
This is a rare chance to invest in a commercial property that blends historical charm with modern-day potential. Dont miss outsubmit your tender and unlock the full potential of 16 on Addy.
Contact the agent to arrange viewings and for the link to the Online Tender Platform. Tender submission ends 13 December 2024.
Property details
- Listing number T4843972
- Property type Commercial
- Listing date 29 Oct 2024
- Land size 1 624 m²
- Floor size 734.4 m²