Professional rooms with the ability for a residential conversion on level one overlooking the Hatea River.

On offer is 737sqm of space over two levels in a building designed around a spacious atrium allowing lots of natural light. The interior has been refurbished to a high standard and includes modern amenities.

Partially tenanted by a medical tenant currently returning $66,750 plus GST per annum with 35.4% of the outgoings being recovered.

The location in the town basin with three street frontages adds value to this leasehold property with 14 years remaining of the 20 year ground lease. The next rent review is due on 1 October 2034. Ground lease $16,088 plus GST pa

Outgoings: $16,830.91 plus GST pa