Victoria's Secret is Out
First time in over 30 years, these two strategic properties are available for sale. They can be purchased separately or as one combined parcel providing in time, a superb 328sqm CBD development site with generous height parameters under the Business - City Centre Zone. With dual access off both Victoria Street and Nelson Street being an added bonus. Located just metres from Sky City Convention Centre, the new Ramada Hotel, Les Mills, City Rail Link, Victoria Park and the Viaduct basin. Owner occupiers and Developers - stake your claim for one or both of these inner city treasures.
Freehold land in two titles - 126sqm and 202sqm with 2 car parks each.
Passing income of $37,695.53 and $40,979.12 pa net plus GST.
For Sale by Deadline Private Treaty - 4pm 1st March 2018.
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Not Applicable|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* 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.