Two adjoining Victoria Street properties offering development potential supported by existing income.

530 Victoria Street comprises a three level building with basement parking/storage, ground floor retail, and a partially converted first floor apartment. The building is in average condition and suited to refurbishment or redevelopment.

540 Victoria Street includes a large ground floor retail tenancy and substantial basement storage or parking.

Both properties benefit from rear access via Bryce Lane and provide holding income from two established leases.

Call Luke or Jason today for all the information.

Features:

• Two adjoining CBD properties
• Two retail tenancies providing holding income
• Basement parking and storage
• Victoria Street frontage
• Rear access from Bryce Lane
• Development and add value opportunity
• Approximate total floor area: 1,590m²

More information: https://www.colliers.co.nz/p-NZL67040343