A compelling opportunity to invest in a freehold accommodation asset in the tightly held Wellington CBD market with a long-term lease to a Government tenant.
CBRE (Agency) Limited (‘CBRE’) is pleased to offer 11 Church Street, Wellington, New Zealand for sale by Expressions of Interest.
Substantially refurbished in 2021, the eight-level building comprises 100 high-quality residential units across 4,242sqm (approx.), with one-level of basement car parking. A 10-year lease to Housing New Zealand offers long-term rental security.
- Strategic Location
- Extensively Renovated
- Long Term Lease to Government Tenant
- Seismically Strengthened
- Building has been built and surveyed to allow for future Unit Titles
