• Prominent split-risk, mixed-use freehold investment with 2 car parks
• Fully leased returning net $63,000pa + GST
• Levels 1 and 2 consented for residential apartment use
• High-profile CBD location in close proximity to Les Mills Gym, Victoria Park, SkyCity and the Sky Tower
A rare opportunity to acquire a prominent mixed-use property in Auckland CBD. This well-maintained three-level unit comprises ground floor retail occupied by Xplosiv Supplements, with Levels 1 and 2 leased to Resonate EMS Training. The split-risk tenancy profile provides diversified income security. Levels 1 and 2 are consented for residential use, benefitting from an existing kitchen and bathroom. This offers flexibility for conversion to a residential apartment or live-work options, enabling the future owner to capitalise on the property’s prime central location.
194 Victoria Street West benefits from dual access via Victoria Street West and Wellesley Street West. The property is situated circa 500m from Les Mills Gym, Victoria Park, Sky Tower, SkyCity and Te Waihorotiu Train Station, and is located close to key education institutions serving the CBD.
An attractive proposition for investors seeking an affordable and secure investment complemented by future residential conversion potential.
