Auction: at 34 Shortland Street, City on Wednesday 30 June 2021 at 10:00AM (unless sold prior)
Immaculately presented Freehold corner site in the new Mercury Station precinct is now being offered for sale by auction. This outstanding 620m² character building has an extraordinary level of finishes featuring exposed beams, high ceilings, and polished concrete floors.
The two premium ground floor retail tenancies are fully leased with long-term tenancies in place, while the two upstairs self-contained character offices are being offered with vacant possession. With the offices fully leased at market rates, the building generates a diversified income stream of $211,570 net per annum + GST.
Overall, a secure blue-chip investment with an option to occupy the upstairs character suites or lease them out. Favourable 75% NBS seismic rating and a beautifully restored period building in the vibrant Mercury Station Precinct. Don't miss out on this prominent freehold corner site - enquire now for more information!
KEY FEATURES:
- Outstanding character building on a prominent corner site
- Diversified cash flow from four tenancies with high-level finishes
- Fully restored with bankable 75% NBS seismic rating
- Vibrant location in the new Mercury Station Precinct
