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Hands Free - Top Shelf Investment

Level 1/5 Crummer Road, Ponsonby

Office Building
gavel

Auction

Floor area
291m2
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Map

Property details

Listing # 21182004Q2 | Listed on 13 April 2022

CBRE are proud to offer to the market for the first time since construction was completed in 2015 this architecturally designed and beautifully presented first floor 291m2 office space located at this well-known Grey Lynn/Ponsonby address.

The property is tenanted by an equally well known and respected accountancy practice nsaTax, that has been in business for over 25 years. The tenant has taken up a brand new six year lease with rights of renewal and is returning net $172,125 p.a. with fixed annual rent increases to provide consistent growth for the incoming owner. To accompany this office unit is six independently titled, secure, undercover car parks.

The fit-out is designed to a very high standard using the ‘industrial’ look to create a more open and interactive area for staff. The fit-out consists of a large boardroom, independent offices, meeting rooms, kitchen/break-out area and open areas for work stations.

Positioned close to all amenities for staff and close to CBD, transport links as well as motorway on/off ramps.
This is a premium investment opportunity that has everything to offer and is one of the best commercial investment opportunities in the market. A must see for any serious investor looking for a ‘hands free’ no bother investment with built in growth.

• Professional tenant of 25 years plus on a new lease
• New net lease returning $172,125 p.a.
• Six year initial term with built in rental growth and bank guarantee
• Beautifully presented, architecturally designed office of 291m2 with modern fit-out
• Overall building only five years old and built to up to date codes
• Offering includes six car parks – all on their own titles
• No nonsense investment opportunity that ticks all the boxes.

For more information please call the Sole Agents now.

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