Constructed to modern post-earthquake standards, the property features a generous floor area, 6 dedicated on-site car parking, and a high-quality fit-out throughout, providing an attractive and functional workspace. Anchored by a well-established tenant, the property generates a strong net income of $72,000 per annum plus GST and outgoings. A new lease has been signed, complemented by two further rights of renewal, delivering investors with both immediate income and future security. This is an excellent opportunity to secure a quality, low-maintenance commercial asset with a proven tenant in place.
For sale by Negotiation.
For further information or to arrange an inspection, contact the sole agent at Colliers.
Features:
* Modern post-earthquake construction
* 263 s qm floor area
* Six (6) dedicated carparks
* High-quality fit-out throughout
* Strong established tenant
* Returning $72,000 net + gst + opex per annum
* Popular Ferrymead location
* 7.5% net return