- For Sale
For SaleDeadline Private Treaty 28th Oct 2021 16:00:00 (Unless sold prior)
A passive hold for the discerning investor, this profile building is strategically located in the central CBD amongst national neighbours Rebel Sport, MediaWorks, Briscoes, NZ Post, Cranford Hospice and The Co-operative Bank. Occupied by Presbyterian support a partially Government funded organisation providing millions of dollars in social services throughout the East Coast region, offers great security in addition to a seismic rating of 80%NBS. Regular rent reviews in a growth location, allows for further upside and is what makes this investment so attractive.
The investor stands to benefit from a stable income stream with no requirement for further expenditure. A new purpose-built Countdown Supermarket and NZ Post distribution centre, has contributed significantly to the commercial landscape in this area, and created a further surge of confidence in the region.
Flexibility to create two tenancies with convenient walking distance to the retail precinct, cafes and gyms, future proofs the investment and solidifies clear demand for this desirable location.
This is a great opportunity to secure a long-term hold.
For sale by Deadline Private Treaty closing 4:00pm, Thursday 28th October 2021 (unless sold prior).
Ref #: 20815009