- For Sale
For SaleDeadline Private Treaty
Colliers International have been appointed to market for sale two high quality units in the popular ‘K-Road Complex’ in Kaiwharawhara, Wellington, by way of Deadline Private Treaty closing 2pm on Wednesday 30th October 2019 (unless sold prior).
Units 3A and 3B, 33 Kaiwharawhara Road sit adjacent to each other in the western corner of the complex, which is centrally located in the northern gateway leaving Wellington’s CBD.
The two properties are being sold individually, but can be purchased together. This presents a superb entry level investment opportunity to the commercial property market, or add these units to your existing portfolio and watch the rent come in each month.
Unit 3A is made up of 120m2 (more or less) of office space including mezzanine area. It is currently owned and occupied by The Electrical Company Wellington Ltd. The office space is clean and tidy and has excellent natural light. The unit is being sold with a brand new lease back, however, there is an opportunity to purchase this unit with vacant possession. There are two (2) car parks that are being sold with Unit 3A.
Unit 3B is 300m2 (more or less) and is a combination of high and low stud warehousing, office and a mezzanine. There is a well located loading ramp that leads up to a roller door for easy access into the warehouse area. The unit is leased to Espresso Ninja who have just had a rent review to provide a strong cashflow. There are four (4) car parks that are being sold with Unit 3B.
Offers are to be lodged at the offices of Colliers International at Level 10, 36 Customhouse Quay, Cornerstone House before 2pm on Wednesday 30th October 2019.
For further information or to arrange an inspection, please contact one of the nominated brokers.
Ref #: 215558