0 Union Street, Milton, Clutha, Otago
Price by negotiation
20330m² Floor
86533m² Land
On offer is a Opportunity that offers an Income and Growth potential.
The former Woolen Mill located in Milton is right on the Railway Line.
The Old Mill currently has tenants paying $149k in rent p.a
There is a further possible tenant willing to also use part of the building for their Commercial Business depending on the new owners' plans.
Concept plans have been drawn for Residential Housing.
The owner will consider all offers along with finance options that he is willing to provide and assist with.
An option is Finance at market rates and also Guarantee income for a 5-year period
or another option:
Sale price: $6.2M Guaranteed annual income: $400,000.00 Guarantee timeline: 10 years Contingency for Guarantee: $3.2M (in trust account)
There are so many possibilities with this opportunity, and a helpful Vendor who has decided it is time to pass on to someone with enthusiasm and a vision while he undertakes another path.
Get in touch with Conrad 021311551 to discuss your opportunity further.