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Adelaide Road office - income now, upside later

76-80 Adelaide Road, Mount Cook

Industrial Buildings
dollar

Tender

Floor area
1855m2
Land area
1117m2
Title type
Freehold
On this page:

Tender

Wednesday
4:00pm
24
Sep

Map

Property details

Listing # 3258957 | Listed on 22 August

Positioned in the heart of Mount Cook, this three-storey office building offers an outstanding investment opportunity with solid income, excellent accessibility, and a strong leasing history.

The building is occupied by a mix of high quality tenants like Jaycar on the ground floor and Rubber Monkey on the first floor, which also benefits from dual roller door access via King Street. The second floor is occupied by Foster + Melville Architects, with two small office suites that are currently vacant.

The building is accessed via both Adelaide Road and King Street, providing valuable drive-through and 8 cover carparks. On one of Wellington's busiest arterials, Adelaide Road, the site benefits from high vehicle traffic exposure, close proximity to Wellington Hospital, the Basin Reserve, and key transport routes.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/76-80adelaideroad

  • Land area of 1,117sqm and building area of 1,855sqm
  • Eight covered car parks
  • Annual income of $221,244pa + GST (potential income $376,940 + GST)
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