- Vendor says "Priced to sell at $1.71M + GST (if any)"
- Returning total $106,650 net pa + GST
- Fully tenanted high profile Albany Investment
- New 4 year lease with upside
- Highly leaseable tenancies
The offering represents a fantastic opportunity for an astute investor to acquire a well presented office unit in one of the North Shore's most sought after commercial precincts.
A rarity in this price bracket, the property is segmented into two distinct tenancies (upstairs/downstairs split) providing several options for the successful purchaser to occupy the upcoming vacancy or to pursue a new lease with a holding income until October.
Unique to this unit that will prove attractive to any tenant is the 16 carparks allocated to the unit including 10 available with first floor tenancy, a ratio that represents double the required allotment for this sized tenancy.
Modest rental rates, historically low vacancy and cost of construction/scarcity of land prohibiting competing new build stock all adds up to one fantastic buying opportunity.
Contact the Joint Sole Agents for further information and/or to view: Janet Marshall 021 684 775 or Euan Stratton 027 580 7439
- Contact our experts for details on this transaction