Platinum Partner
Listing Description
Listed: Fri, 14 Nov
INVESTMENT - 7% WITH OWNER-OCCUPIER POTENTIAL
Unit 1B/12 O'Connell Street, City Centre, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Agency reference | 4043760 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149717284&sellerId=0 |
Description
Great opportunity to secure a fully leased investment in the High Street precinct with the opportunity to occupy one of the tenancies while generating income from the other two. Situated in the heart of the CBD, the immediate area is very popular with professional office users, with its proximity to Queen Street and Shortland Street.
The unit is currently leased to three separate tenants, providing a net return of circa $91,000 per annum. The tenancies are very well presented with exposed ceilings, cable tray lighting and air-conditioning.
The property appeals to investors and owner-occupiers seeking an affordable investment with multiple income streams, in a modern, well-located building.
KEY FEATURES:
- Net return circa $91,000 per annum - 7% return!
- 335m² with three tenancies
- Modern low-rise building
- Fantastic central city location-High Street Precinct
- Very well-presented units
- Ideal investment with owner-occupier opportunity
- Motivated vendor - $1,300,000