• Freehold standalone investment in strategic Ponsonby location
• Diversified income of $1,670,273 pa + GST with over five-year WALT
• Anchored by long-term leases to proven tenants
• 1,633sqm freehold land with excellent Ponsonby Rd exposure and elevated views
A rare opportunity to acquire an asset of this quality and scale in a prime Ponsonby Road position. The property offers a total income of $1,670,273 pa + GST, anchored by long term leases to key tenants, AS Colour and Special New Zealand.
The property comprises a three-level building which has been extensively refurbished and upgraded, now offering an attractive mix of well-presented contemporary office accommodation with excellent views natural light plus a high-profile retail tenancy fronting Ponsonby Road.
Situated in the heart of Ponsonby, one of Auckland’s premier shopping and dining precincts, this location is sought after by both commercial and retail tenants and offers excellent connectivity to Auckland CBD and transport links.
Whether as a bottom drawer trophy asset or as a strategic land bank in one of Auckland's best commercial and retail locations, this property demands further consideration. Call now for further information.