This exceptional commercial building was designed by Seddon Architects of Wellington and the build completed by Cemac Construction.
Built in 2015 using a braced timber frame red brick veneer and internal Ganglam laminated timber frame, this is a flexible and extremely strong building that meets 100% NBS ( New Building Standard).
In 2018 an additional 40m2 ground floor office/meeting room and 40m2 first floor board room was added taking the overall building area up to 388m2 over both floors.
The site is a 942m2 Freehold Title plus right of way easements on both sides of the site allowing for unobstructed access and traffic flow.
There are a total of 26 on-site car parks adding considerable value to the property. This number of car parks is quite rare for a commercial property of this type.
There are two Tenants with existing leases within the building:
A 150m2 ground floor café which has been established on the site since it’s opening in 2015, and a health government funded tenant on the first floor.
In summary both tenancies show a net return of $128,384 + GST (if any) plus 100% of outgoings being paid by the tenant.
The property is being offered FOR SALE BY DEADLINE with the closing date being 4:00pm Thursday 26th June 2025.
Parties may make an offer prior to this date and the vendor’s request is that offers in excess of $2,4m + GST (if any) will be considered.
For further information including, but not limited to leases, architectural plans, title, engineering report that is available on request, please contact:
SOLE AGENT: Ian McHarg
027 556 0152
mailto:ian@nzcpb.co.nz