Commercial

Crown Tenancy for Secure Investment

204 Sloane Street, Te Awamutu

Office Building
dollar

Negotiation

Floor area
1398m²
Land area
1971m²

Map

Property description

Listing # NC193804|Listed on 4 October 2024

Purpose built in 2020 for the Ministry of Social Development (MSD) and Oranga Tamariki (OT) is built in separate but adjoining buildings and leased under one tenancy to the Crown.

  • A Grade seismic rating

  • 1398m2 (approx) office on 1970m2 (approx) freehold land area

  • Undercover and open carparking

  • Net lease approx. $572,345pa plus GST and operating expenses

  • 9 year term from 2020 with rights of renewal

This is an opportunity to secure a new building which is well tenanted and situated on Te Awamutu's busiest street, so has high profile and two road frontages.

A great opportunity to add this property to your portfolio for long term income and gains

Contact agent today

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Property Brokers Ltd (Licensed: REAA 2008) - Napier

Susan Davis

Licensee Salesperson | Property Brokers Ltd (Licensed: REAA 2008) - Napier
54 active listings

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