This very busy, freehold, inner city car park property of approx. 1,066m2 is perfectly positioned in the heart of the business and hospitality district and is currently tenanted by international tenant ‘Wilson Car Parking’.
The level, sealed site contains 42 car parks and is zoned Business – City Centre and currently returning net $273,890.64 p.a. This is a very low maintenance investment opportunity to hold while you plan your next development project or simply landbank and enjoy a consistent cash flow. Strategically located amongst premium corporate tenants including NZME, Kordia, Grant Thornton, Meredith Connell, plus major hospitality operators Ramada Hotel, Sudima Hotel, and the Sky City complex. NZ International Convention Centre opening soon will only increase car parking demand in this immediate area.
• The international tenant, ‘Wilson Carparking NZ Limited is the country’s leading car park operator with over 450 locations nationwide.
• Property currently holds a resource consent for a serviced apartment/hotel development.
• This ‘hands free’ easy investment is for sale by "Price by Negotiation"
• Call sole agents today if you want to own the easiest investment in town.
