101/1 Vinegar Lane, Grey Lynn

Sold July 2022

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288m² Floor Area

MOTIVATED VENDOR SAYS SELL!


  • Returning $152,324 net p.a. with 2% annual increases
  • Well-established tenant recently renewed for six years
  • Freehold, 288m² full floor with two secure car parks
  • Corner profile in a highly desirable and vibrant location

Located at the corner of Crummer Road and Vinegar Lane in a stunning architecturally designed building, this premium investment property is anchored by long-standing Salt Recruitment, who have recently renewed for a further six-year term. This blue chip asset is passively returning $152,324 net per annum and benefits from 2% annual increases.

Highly desirable and vibrant Grey Lynn location in close walking distance to Ponsonby Road and a great café right on your doorstep. Premium investments in this location are scarce and our motivated vendor is prepared to meet the market! Enquire today for a full information pack.

Property details

Location:
101/1 Vinegar Lane, Grey Lynn
Property ID:
88231

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