• Returning $311,443 per annum + GST and outgoings
• Well-established tenant profile
• Built in CPI and rental Growth
• 2015 quality build
Underpinned by a substantial and secure income stream from well-established tenants, 5 Karewa Place presents an outstanding opportunity to acquire a high-quality asset delivering an attractive yield.
In a market where yields are continuing to compress and alternative investment returns are diminishing, opportunities of this calibre are becoming increasingly rare. The property benefits from built-in rental growth, providing investors with both reliable cash flow and strong prospects for long-term capital appreciation.
Constructed in 2015, this low-maintenance building features quality tilt-slab construction, modern amenities, and appealing architectural elements. The asset is further enhanced by 38 on-site car parks and its prime position within the tightly held Te Rapa industrial precinct – making it a true trophy investment.
As investor demand for quality commercial real estate intensifies, assets such as this are expected to appreciate strongly. With realistic and motivated vendors willing to meet the market, this represents a compelling opportunity to secure a proven income-producing investment.
