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Office Building for Sale in Central City
Fully Leased Central City Investment
- Building: 1,000m²
- Land: 844m²
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Enquire with agentAdditional Information:
More InfoHere's an excellent investment opportunity well located within the 4 Avenues which is fully leased to two tenants on long term leases, providing good spread of risk.
An impressive, modernised and strengthened (75% NBS) 2 level building, situated on busy Montreal Street giving extensive profile to thousands of potential customers every day.
Ground floor is leased to a Gym for a long term of 8 years from 2022 with a right of renewal for a further term of 8 years. The first floor is leased to a dance studio for 6 years from 2020 with 2 further rights of renewal of 6 years each. Total combined rental returning $259,360pa + GST + outgoings.
Situated on 844m2 of valuable central city land zoned CCMU (Commercial Central City Mixed Use) providing 2 street frontages and 7 onsite car parks at the rear, accessed from Walker Street.
An ideal Central City investment to add to your portfolio.
(* approx.)
Call Paula Raine 027 221 4997 for further information.
Sale: Refer all Offers
CCM31196
1,000m²
844m² / 0.21 acres
CCMU (Commercial Central City Mixed Use)
Tenanted
Next Steps:
Enquire with agentAdditional Information:
More InfoInvestment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
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