Heritage Building, Auckland CBD, Fully Leased, Prime Location

This is a unique opportunity to purchase a stand-alone, freehold building in the Auckland CBD, at an affordable price, to be sold with the tenancies in place providing strong return on your investment.

Situated on a very busy location, 97-99 Karangahape Road, prime location for commercial tenancies and close to the new rail links, fully leased returning (around a 6% yield), gross rental income more than $160,000 including GST.

Mixed tenancies to collectively provide a diverse strong rental return from two ground floor commercial units and first floor accommodation.

The current three tenancies include:

Sushi Shop
Vietnamese Cafe/Restaurant
Huge 4 Bedroom City Apartment

All tenants have sound leases in place, so your rental return across all three tenancies so therefore with more security.

Marketed with Price Expressed as Buyer Enquiry Over: $2,500,000 (inc GST)

Viewing by private appointment.

For more information and to book your private appointment to view contact:

Stephen Hudson
0274 746 774
REA Licensed & MREINZ

Or

Jonathan Hudson
027 566 2842
REA Licensed & MREINZ

• State/County Auckland
• Zip Auckland
• Country New Zealand

• Estate Fee Simple

• Property Id 1000087
• Estate Fee Simple
• Size-units m2
• GST applied? Yes
• Property Listing Status For Sale (By Licensed Agency)

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