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Strategic Uptown investment with long lease

18 Burleigh Street, Grafton

Office Building
dollar

Tender

Floor area
533m2
Land area
549m2
Title type
Freehold
On this page:

Tender

Tuesday
4:00pm
12
May

Map

Property details

Listing # 1780772 | Listed on 17 April
  • Newly refurbished 533sqm standalone (118% NBS) + six onsite car parks
  • Freehold 549sqm land holding with Mixed Use and Grammar School zoning
  • Supremely convenient uptown location near CRL stations, CBD and key amenities
  • New 6-year lease returning $221,358.80pa + GST with built in growth
  • Strategically positioned investment with secure income and future upside



A truly compelling city fringe investment offering secure income with long-term upside in one of Auckland’s most well-connected and tightly held locations.

Extensively refurbished from its warehouse origins into a contemporary commercial workspace with a distinctive industrial aesthetic. Fully leased to a successful kiwi business competing on the global stage on a new six-year term with fixed annual increases, providing reliable and growing cash flow.

A short walk from the new Mt Eden CRL station, a significant catalyst for continued capital growth in the area. The surrounding Uptown precinct continues to evolve as a key fringe hub, underpinned by proximity to the CBD, hospital and universities.

Zoned Business – Mixed Use with an additional height overlay, the site also offers long-term development potential. Currently generating strong income, there is also flexibility for future occupiers to secure this impressive commercial space for themselves. Call now to discuss the potential.

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