Attractive central city investment option – this sizeable building has a five year lease to national training entity New Zealand Management Academies Limited, with rights of renewal. The building has undergone a modern fitout – to the tenant’s specifications – and is currently returning $64,062.50 pa + GST net, with fixed annual 2.5% rent reviews.
Central city location, close to the central mall with great road frontage and ample street parking – profile neighbours include Cotton-On, Capers Café, Specsavers and Max Fashions.
Call Mark to view or for more information.
Features:
- National tenant
- Annual fixed 2.5% rent reviews
- Net return $64,062 + GST
More information: https://www.colliers.co.nz/p-NZL67014943
