Constructed to modern post-earthquake standards, the property features a generous floor area, 6 dedicated on-site car parking, and a high-quality fit-out throughout, providing an attractive and functional workspace. Anchored by a well-established tenant, the property generates a strong net income of $72,000 per annum plus GST and outgoings. A new lease has been signed, complemented by two further rights of renewal, delivering investors with both immediate income and future security. This is an excellent opportunity to secure a quality, low-maintenance commercial asset with a proven tenant in place.

Asking Price $929,000 + GST (if any).

For further information or to arrange an inspection, contact the sole agent at Colliers.

Features:

• Modern post-earthquake construction
• 263 s qm floor area
• Six (6) dedicated carparks
• High-quality fit-out throughout
• Strong established tenant
• Returning $72,000 net + gst + opex per annum
• Popular Ferrymead location
• 7.5% net return 

More information: https://www.colliers.co.nz/p-NZL67041207