119 Ghuznee Street is an office building with real street appeal. Located at the western end of Ghuznee Street in Wellington, the property is fully leased to four tenants being New Zealand Film Commission, NZ On Air, Master Plumbers Association and DB Breweries providing an approximate net income of $451,189 plus GST per annum.
Sitting on a land area of 897 sqm, 119 Ghuznee provides character office space over three floors plus a small ground floor warehouse. Pedestrian access to the property is off Ghuznee Street to a light-filled foyer with stair and lift access to the tenancies. Vehicle access to the property is off Ghuznee Street, which is close to the motorway off-ramp, inner-city bypass and has generous car parking on-site.
Originally built in 1961 the building has a seismic rating of 90% NBS as specifying as of April 2014. The building is constructed of concrete foundations, floors with concrete and steel framing and brick infill walls, metal-framed windows and a metal roof.
Rarely do standalone fully leased buildings with generous on-site car parking become available for sale. This property is a Te Aro trophy investment to add to your portfolio.
Please make contact with Sam McIlroy or Richard Findlay for more information or to arrange a time to view.
021 730 100
021 620 188
Ref #: 20648503
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