Commercial

Fully Tenanted CBD Investment

2C/4 Vinery Lane, Whangarei

Office Building

Auction

Floor area
304m²
Covered park
4

Auction

Friday
11:00am
20
Nov

Map

Property description

Listing # NW2794|Listed on 23 October

Seriously for sale! - Vendor reducing their portfolio to support next generations future goals.

Unit 2c, 4 Vinery Lane sits on a prominent site strategically located just a short walk from the Whangarei District Court and surrounded by bustling professional services, retail, and amenities.

The Primary Unit sits on level 2 and spans approximately 304 sqm of office space, which is accessible via lift or stairs. Further complemented by two dedicated accessory units of 50 sqm and 22 sqm providing essential basement parking.

The property benefits from the favorable Mixed-Use zoning which allows for a wide variety of commercial and residential activities.

Located just off one of the busiest junctions in Whangarei CBD with Laurie Hall Park and ample public parking in the immediate area, this is an in-demand location.

The asset provides a diversified cash flow, currently leased to two quality tenants to spread tenancy risk and deliver a reliable net rental stream of $68,365 +GST per annum

Benefiting from a Stratum in Freehold Unit title and an active Body Corporate structure, this property provides hassle-free operational management and long-term asset protection for discerning investors.

Your notesYour notes
Optimize Realty Ltd (Licensed: REAA 2008) - NAI Harcourts, Whangarei

Steve Smyth

Optimize Realty Ltd (Licensed: REAA 2008) - NAI Harcourts, Whangarei
78 active listings
Optimize Realty Ltd (Licensed: REAA 2008) - NAI Harcourts, Whangarei

Paul van den Berg

Optimize Realty Ltd (Licensed: REAA 2008) - NAI Harcourts, Whangarei
52 active listings

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