Sitting proudly on the eastern side of The Terrace, forming part of Radio New Zealand House is this fully-leased commercial office floor - a must-see for the discerning investor.
Level 1 is spilt into four equal-sized spaces. The floor was stripped out and refurbished in 2020 with polished concrete floors, new HVAC, kitchens and clad in ply veneer to great effect.
Each tenancy has access to an outdoor balcony which wraps around the entire floor. The four commercial tenancies are 100% leased to well-established tenants with a strong weighted average lease term (WALT) of 3.4 years.
To obtain copies of all supplementary documents please register your details at
https://www.propertyfiles.co.nz/155theterrace
- 975sqm net lettable office floor plus 2 carks
- 100% leased to four tenants with a WALT of 3.4 years
- Fully refurbished in 2020 with modern fit outs throughout
- Seismically strong building - 70% NBS (IL2)
- Net income circa $233,789 +GST
