1 King St 3,651 SF 100% Leased Retail Building Halifax HX1 1SR $1,498,413 CAD ($410.41 CAD/SF)

Kings Apartments presents an outstanding opportunity to acquire a mixed-use investment property in a prominent position on the edge of Halifax town center. The property combines a strong income profile with potential future growth, offering a fully integrated asset that caters to both commercial and residential markets. Featuring a substantial and attractive corner building constructed with ashlar stone, the premises include ground floor and basement commercial accommodation with return frontage and secure rear loading access, enhancing operational flexibility for the tenant.
The upper levels comprise eight self-contained one-bedroom apartments, all finished to a modern standard and let under assured shorthold tenancies, providing additional income stability. With a total current rent roll of approximately £70,000 per annum and further rental growth expected from the residential component, this asset offers excellent long-term value. Positioned within walking distance of Halifax town center amenities, major transport links including bus and rail stations, the property appeals to investors seeking secure income, capital growth prospects, and diversification within a desirable regional market. On-site car parking further elevates tenant convenience, enhancing tenant retention.