
This confidential offering presents a well-positioned commercial building with over 28,000 square feet of leasable space, anchored by multiple government tenants on long-term leases extending up to 15 years. The property currently generates approximately $436,000 in gross annual income, supported by a diversified roster of publicly funded tenants known for stability, low turnover, and reliable rent payments. Government occupancy gives investors durable, predictable cash flow and reduced leasing risk well into the future. With its strong tenant base and established income stream, the building is a rare opportunity to acquire a secure, income-producing asset with long-term value. Ideal for investors seeking stable returns backed by government tenancy. Additional details, including the rent roll and lease terms, are available to qualified buyers upon execution of a Confidentiality Agreement.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $21935 | NZD $38,513* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to First Weber Inc
Property ID: 110120415980
Original Property ID: 3yd-SCWMLSWI-2034269