Solid CBD commercial investment, comprising three retail tenancies with 14 car parks in The Warehouse complex in the centre of the CBD.
The property is leased to Trade Aid and Zanadoo Hairdressers on long term leases with the carparks in high demand and currently leased to various parties. There is an additional area of 330 sqm which is available for occupation or lease.
The units form part of a wider complex which includes The Warehouse, Millers, Triton and Spec Savers all under body corporate management. Quality brands, attracted to the central CBD location. The building was constructed in 1998 and benefits from an A+ seismic rating. Benefitting from adjoining the Council car park of 168 spaces.
The property has a passing net income of approximately $67,000 with a market net rental $133,000 p.a plus GST.
For more information or to arrange an inspection contact:
Benet Carroll on 021 0289 4537 or email benet.carroll@colliers.com
Features:
- 14 carparks
- Two established, long term tenants
- Seismic rating of 135%
- Central CBD
- Part of The Warehouse complex
More information: https://www.colliers.co.nz/p-NZL67015438
