19 Drake Street City Centre | Barfoot & Thompson

19 Drake Street, City Centre

Sold February 2020

price information
We show sold price once a sale is settled. For pricing information in your area, contact the salesperson.
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CASH FLOW INVESTMENT


For Sale by Deadline Private Treaty closing 4:00pm, Thursday 20 February 2020 (unless sold prior) at Level 3, 50 Kitchener Street, Auckland Central.

• Returning $100,500 net per annum
• Long term lease underpinned by strong tenant covenant
• Stunning character building with earthquake report at 70% NBS
• Excellent profile in popular Victoria Quarter precinct

Located at 19 Drake Street with excellent profile, this premium historic investment property is anchored by long standing Hansik restaurant returning $100,500 net per annum plus GST. This blue chip asset is further supported by a secure bank bond and the building has a favourable 70% NBS earthquake report.

Overall, a secure bottom drawer investment with good rental upside in a strong and emerging CBD location that's not to be missed!

Enquire now for further information.

Property details

Location:
19 Drake Street, City Centre
Property ID:
82659

Call Reese

Reese Barragar

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