Here's an opportunity to secure a substantial foothold in one of the city's most desirable waterfront neighbourhoods.
Highlights:
- Returning $103,770 per annum (net)
- Government Tenant (Ministry of Education)
- Waterfront location
- Low maintenance building with new roof
This area has experienced significant transformation in recent years and is rapidly becoming a vibrant mixed-use community, offering direct access to the upper harbour esplanade and scenic walkway.
The property is currently leased to the Crown at market rates for use as a School, with the lease in place until 2030 (if Right of Renewal is exercised in 2027). This gives the next owner ample time to plan for future possibilities. Redevelopment potential is vast, with zoning allowing for a range of commercial, residential, and community activities.
Properties in this location are rarely available, so don't miss out on this exceptional opportunity contact John (0272 808 980) or Megan (027 346 4194) today.
