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ESTABLISHED INVESTMENT

Unit 1A/ Ascot Avenue, Remuera

Office Building
dollar

Negotiation

Floor area
645m2
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Property details

Listing # 4098544 | Listed on 22 January

Occupied by internationally recognised tenant USANA Health Sciences, the property provides long-term income security for investors seeking a low-maintenance, high-performing portfolio addition.

Strategically located beside the Greenlane roundabout, the asset serves as a critical bridge between the CBD and the Southern Corridor. The location offers exceptional accessibility via the Southern Motorway, Ellerslie train station, and affluent surroundings. Characterised by a high growth profile and easy access, the area remains a top choice for major corporations and medical professionals.

The modern, well-maintained office strata unit is in very tidy condition with a 100% NBS rating and a high car parking ratio of 1:25m². The investment includes valuable signage rights, and the Unit Title tenure ensures easy management via the well-run Body Corporate structure.

Underpinned by USANA Health Sciences NZ Corporation, a wholly owned subsidiary of the NYSE-listed parent company, the lease provides a recently undertaken 6 + 6 year term with a bank guarantee. The total net rental is $381,159 per annum + GST and features built-in growth through three-yearly rental increases.

This is a simple, safe, tidy investment for a passive investor. Contact the listing agents now for further details.

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