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Multi -Tenanted Investment

359 Lincoln Road, Addington

Office Building
dollar

Negotiation

Floor area
2862m2
Land area
4396m2
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Map

Property details

Listing # CIC55662 | Listed on 13 April 2022

Situated on busy Lincoln Rd this property is positioned for maximum profile to the passing traffic. The ground floor is occupied by 4 separate retail units, the first floor houses office tenants, & a basement & 3 large garages provide additional income.

69% NBS

2862 m2 net lettable area

4396 m2 land

94% leased

Net rental income $438,576.72 Plus OPEX & GST

Held by the current owners for 16 years it is now time for another astute investor to take the reins. Don't delay contact Debbie Johnson 021 0515 225 for further information & an Information Memorandum.

The floor areas are approximate only and have not been independently verified. We recommend the purchaser seeks their own expert assessment from a suitably qualified professional.

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