Prime High Rise Development Site
Strategic corner CBD location, current Seismic rating of 42% NBS
Holding income with Lease Exit Clause
Potential to lease up and add capital growth to existing buildings
Tenancies from 100m2 to 2,000m2 with car parks
Outgoings: Total Rates $13,483.21 p.a. incl GST insurance $15,000 (2015/2016
Zoning: Commercial Business (TCC District Plan allows a height limit up to 49m)
Excellent long term development opportunity
Previous Resource Consents include 150 room Hotel plus apartments
3 Level office building with 45 parks
Excellent opportunity to take advantage of the new Waikato University student accommodation potential
Investigate this opportunity now!
Contact the SOLE Agent for more information!
|Tenancy Status||Currently Vacant|
|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.
* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease. It is not a valuation.