Key features
- Net $47,850pa + GST
- Market rent review 1 October 2026
- Leased to September 2028, renewal to September 2031
- Personal guarantee, net lease, tenant pays all outgoings
- 173sqm (approximately) modern first-floor office, three car parks
- Investors, take note!
Net $47,850pa + GST from an established accounting practice, with a market rent review falling due 1 October 2026, weeks after a typical settlement.
The tenant has been in occupation since 2022 and has already exercised one right of renewal. The current term runs to September 2028, a further renewal extends potential occupancy to September 2031, and a personal guarantee is in place.
The lease is net. The tenant meets 100% of outgoings and the body corporate carries insurance, common property and the building envelope. Nothing here for an owner to manage.
173sqm (approximately) of modern first-floor office in a tidy 2000s-built complex, fitted out with reception, partitioned offices, kitchenette and air conditioning. The fit-out is landlord-owned and included in the sale, cutting the cost of any future re-let.
Flat Bush and Botany continue to grow hard, with sustained residential development across Ormiston and East Tamaki Heights supporting local demand for professional services space.
For Sale by Negotiation.
For more information, please contact:
Harjot Sodhi
022 078 6991
harjot.sodhi@bayleys.co.nz