• Newly refurbished 533sqm standalone (118% NBS) + six onsite car parks
• Freehold 549sqm land holding with Mixed Use and Grammar School zoning
• Supremely convenient uptown location near CRL stations, CBD and key amenities
• New 6-year lease returning $221,358.80pa + GST with built in growth
• Strategically positioned investment with secure income and future upside
A truly compelling city fringe investment offering secure income with long-term upside in one of Auckland’s most well-connected and tightly held locations.
Extensively refurbished from its warehouse origins into a contemporary commercial workspace with a distinctive industrial aesthetic. Fully leased to a successful kiwi business competing on the global stage on a new six-year term with fixed annual increases, providing reliable and growing cash flow.
A short walk from the new Mt Eden CRL station, a significant catalyst for continued capital growth in the area. The surrounding Uptown precinct continues to evolve as a key fringe hub, underpinned by proximity to the CBD, hospital and universities.
Zoned Business – Mixed Use with an additional height overlay, the site also offers long-term development potential. Currently generating strong income, there is also flexibility for future occupiers to secure this impressive commercial space for themselves. Call now to discuss the potential.
