Two of Auckland's Finest - Auckland CBD Office Buildings

30 Mahuhu Crescent & 8 Tangihua Street, Auckland City

Office For Sale

Expressions Of Interest - Tuesday, 3 Dec 2019
Floor Area: 21,246.53 m2.    

Description

Colliers International is pleased to present 30 Mahuhu Crescent and 8 Tangihua Street, Auckland for sale. Located in the heart of Auckland’s CBD, the two office buildings at 30 Mahuhu Crescent and 8 Tangihua Street are prominently situated between the main thoroughfares of Quay Street and Beach Road.

30 Mahuhu Crescent comprises a 5-level office building and benefits from three high-profile street frontages. This property is fully occupied by Bank of New Zealand - one of New Zealand’s largest banks.

8 Tangihua Street is a 7-level Green Star office building situated just beyond the coveted Britomart Precinct, currently under-going significant refurbishment works in the lobby and ground floor.

These properties will have broad appeal to investors seeking to take advantage of Auckland’s unprecedented levels of economic and population growth, record infrastructure investment and a shortage of supply of commercial property.

The properties are offered for sale by Expressions of Interest closing 4pm (NZST) Tuesday 3rd December 2019.

Features

  • Prominent CBD location
  • Fully let net income approx. $10 million p.a.
  • Large, flexible and open plan floor plates
  • Significant refurbishment works underway at 8 Tangihua Street
  • Excellent accessibility - close proximity to all transport links and motorway access
  • Outstanding tenant covenants
  • Guaranteed income growth through fixed and market rent reviews

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