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!