Add to your rental portfolio with this extremely tidy premises which is currently configured as office/retail, in a top spot on Tutanekai Street, just across the road from the entrance to the Central Mall. With an A+ Grade Seismic Assessment, quality fixtures and fittings and a high standard of maintenance, the property has been leased to IAG New Zealand (AMI Insurance) since 2003, enjoying a net return of $47,608 + GST.
The property has a perpetually renewable ground lease, which is currently $14,000 pa + GST and is due for renewal in January 2021.
Ref #: 20507233
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