A real potential to get a better than average yield here. Yes, there is some cosmetic work required but with significant holding income and the potential to either occupy or lease significant first floor office space this represents a real opportunity for an astute property investor or owner occupier.

With an excellent earthquake rating and low maintenance brick and tile construction plus significant onsite parking this property has sound fundamentals. It occupies a large and prominent 1542sqm (more or less) freehold site that has good accessibility, proximity to the CBD and well-known and recognised commercial neighbours. High traffic volumes along Te Rapa Road ensure superb business exposure. This investment is a rare and golden opportunity offered to market by a motivated vendor.