All Topics / Overseas Deals / commercial in Invercargill

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  • Profile photo of XeniaXenia
    Member
    @xenia
    Join Date: 2002
    Post Count: 1,231
    April 27, 2005 - 2:29 am

    We have a commercial property under contract in invercargill. It is a small plaza near the city. Any thoughts on the commercial real estate market in invercargill? Does anyone else own commercial property there?

    Cheers

    Xenia

    We buy properties in all conditions. Quick settlements, no agents required
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    phone 0412 437 582

    Profile photo of Don NicolussiDon Nicolussi
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    @don
    Join Date: 2005
    Post Count: 1,086
    April 28, 2005 - 1:09 am

    Hi Dr X,

    What street is the small plaza in? What sort of return are you getting for the commercial property?

    Don Nicolussi | Property Fan
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    Learning, having fun and doing it!

    Profile photo of XeniaXenia
    Member
    @xenia
    Join Date: 2002
    Post Count: 1,231
    April 28, 2005 - 8:19 am

    Hi Don and Liz,
    the returns are 12.6% and all shops have new leases. since it is still under contract, I dont think its a good idea to put the address up, but I can tell you after it settles. [biggrin]

    We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
    [email protected]
    phone 0412 437 582

    Profile photo of Don NicolussiDon Nicolussi
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    @don
    Join Date: 2005
    Post Count: 1,086
    April 30, 2005 - 6:43 am

    cool Dr X

    Don Nicolussi | Property Fan
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    Learning, having fun and doing it!

    Profile photo of Don NicolussiDon Nicolussi
    Participant
    @don
    Join Date: 2005
    Post Count: 1,086
    May 18, 2005 - 7:59 am

    Hi Dr X,

    How did you go with this purchase? Has it settled yet? Are you in a position to disclose the location?

    Don Nicolussi | Property Fan
    Email Me | Phone Me

    Learning, having fun and doing it!

Viewing 5 posts - 1 through 5 (of 5 total)

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