For Sale by Deadline Private Treaty closing 4:00pm, Thursday 3 October 2019 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).
• Returning $437,220 net per annum from long term, established tenants • 1,086m² (approx.) standalone building on 885m² of land with 32 valuable car parks • Over 22 metres of frontage to Ponsonby Road in Business - Town Centre zone • Excellent add-value potential and future development ability
Standalone Freehold investments of this calibre along Ponsonby Road are highly sought after and rarely brought to the marketplace. On offer is a prestigious trophy property generating a secure and diversified income stream of $437,220 net plus GST from long term tenants with strong covenants.
This solid 1980's concrete building has a 100% NBS "A" Grade earthquake report and features 32 on-grade car parks, accessed from the street level, with 1,086m² (approx.) of office accommodation over two levels. Explore the add-value potential and future development ability which may include adding another level or creating a retail presence along the desirable main road frontage.
This building has it all and will not disappoint - call now for an exclusive information memorandum and viewing times.