A passive hold for the discerning investor, this corner profile building is strategically located on an arterial route with great exposure. Occupied by Public Trust a Government-appointed corporation providing trustee services, offers great security in addition to a seismic rating of 72%NBS. On-site car parks included in the lease and regular rent reviews, allows for further upside.
With recent developments such as The Tribune and 101 East, there has been a major influx of businesses, contributing significantly to the commercial landscape in this area. Well positioned amongst national neighbours Aon, Harcourts, LHT Design and Sharp, solidifies a clear demand for this desirable location.
Convenient walking distance to the Kmart Plaza, main bus stops, cafes and gyms, future proofs the investment with no requirement for further expenditure. The investor stands to benefit from this A-grade investment with all the attributes in a growth location, which reinforces how attractive this investment is.
In a price category sought after in the market, this is a great opportunity to secure a long-term hold.
For sale by Deadline Private Treaty closing Tuesday 24th August at 4:00pm (unless sold prior).
Ref #: 20775719
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