Great entry level investment on the northern CBD fringe of the city within the four Avenues. This ground floor office space of 189m2* has had all earthquake repairs completed and is benefited with dual access from Salisbury Street and Madras Street. Advantaged by having 4 onsite car parks. The quality nationwide tenant has been in this site since December 2011 currently returning $42,000pa + GST + outgoings and has approx 2.5 years to run on their current term with a further right of renewal of 4 years. (* approx.)
For further information please contact Al Wilson 021 227 6161
Price For Sale: By Negotiation + GST (if any)
|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.