• 600sqm (approximately) two-level office building
• Completed 2018
• Returning $198,000 + GST and OPEX
• WALT of 3.55 years
• Passive investors or occupiers welcome
This modern freehold site includes a purpose built 600sqm (approximately) office building on 892sqm (more or less) of light industrial zoned land. This site is perfectly set for investors looking for a low maintenance investment, or owner occupiers looking new office with supplemented income.
The two-level building currently presents three tenancies; a ground floor commercial kitchen operating as a successful catering and eatery business, a ground floor afterschool education company, and on the first floor; a highly sought after co-working business. The three tenancies return $198,000 + GST and OPEX with a WALT of 3.55 years. For owner occupiers, the first floor can be made available with supplemented income from the two ground level tenancies.
The property is situated in the thriving suburb of Flat Bush which provides a range of retail, hospitality, commercial businesses, plus residential suburbs such as Botany, Ormiston, and Manukau, as well as New Zealand's largest industrial suburb, East Tamaki, are within an easy commute.
Cameron Bigwood
021 216 1160
[email protected]
Geoff Wyatt
021 982 322
[email protected]
