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Trevor Lyall AREINZ Harcourts Gore
Well maintained two storey office building purpose built as office or retail and office. Fully tenanted with local authority and tourism group as anchor tenants. Three office tenants on long term leases and one residential tenancy provides good reliable return and diversified risk. Vendor has had preliminary work done to design and cost conversion of the residential apartment to offices to meet demand for high quality space. Excellent potential for rental growth. Good earthquake rating and minimal ACM, excellent street front parking and good staff parking in the rear laneway. A very good commercial investment to add to your portfolio or as an entry point to the commercial sector. Call now for an Information Memorandum.
Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
Property ID: #GO28529
Office
Licensed under REAA 2008
Sold Property
Well maintained two storey office building purpose built as office or retail and office. Fully tenanted with local authority and tourism group as anchor tenants. Three office tenants on long term leases and one residential tenancy provides good reliable return and diversified risk. Vendor has had preliminary work done to design and cost conversion of the residential apartment to offices to meet demand for high quality space. Excellent potential for rental growth. Good earthquake rating and minimal ACM, excellent street front parking and good staff parking in the rear laneway. A very good commercial investment to add to your portfolio or as an entry point to the commercial sector. Call now for an Information Memorandum.
Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.
Property ID: #GO28529
Trevor Lyall AREINZ Harcourts Gore
Office Harcourts Gore Licensed under REAA 2008
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