Freehold Building in Growth Corridor - 100% Leased

626 Great South Road, Ellerslie, Auckland

Office For Sale

Expressions Of Interest - Thursday, 22 Aug 2019
Land Area: 2,878.00 m2.    Floor Area: 2,646.90 m2.    

Description

This is an outstanding opportunity to invest in a fully leased, 4-level freehold commercial office building located in a growth corridor of Auckland. Situated on a highly prominent site, 626 Great South Road boasts 90 on-site car parks and is easily accessible with multiple access points into the site.

The building has been designed with efficient floor plates and a central lift core allowing for flexibility if leasing split floors. The office space receives fantastic natural light on all sides of the building with floor to ceiling glass.

The property includes a mixture of Government and National tenants with other major office tenants attracted to the area including American Express, Siemens, Adidas, Chevron, Griffins, L’Oreal, Bridgestone, NZ Police, Genesis and Bunnings Head Office, to name a few.  Situated in a location that is witnessing strong rental and capital growth, tenant demand along the Southern Corridor is also at an all-time high.

The property is within close proximity to a major State Highway 1 interchange, key bus links and is only 450 metres from the Ellerslie Train Station. Great South Road is a key arterial route that connects the Western and Southern suburbs to the commercial precincts of Newmarket, Greenlane and Ellerslie, offering multiple points of access to State Highway 1 (SH1).

To arrange an inspection or receive a copy of the Information Memorandum. please contact one of the exclusively appointed Colliers agents.

Features

  • 2,878sqm - freehold site area
  • 2,647sqm - total net lettable area over 4 levels
  • Net income $911,936 per annum (approx.)
  • Flexible Business - Mixed Use zoning
  • 90% NBS (IEP)
  • 90 on-site car parks
  • Highly accessible location - close to SH1 interchange & Ellerslie Train Station
  • Growth location with office tenant demand

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