PRICE REDUCTION - Vendor says sell
An exciting opportunity for commercial investors looking for an affordable multi-tenanted property in an outstanding location.
The two storyed, north facing building has a NLA of 510 sqm and includes four car parks. It is nestled between the impressive Metrotel executive accommodation and The Quest Apartments. The Centre City Shopping Mall is directly opposite, ensuring consistent foot traffic.
The property is anchored by the longstanding restaurant, Portofino, which has another four years to run in the current term. There is a total of three tenants, each with at least one park associated with their lease.
Net Annual Rental: $57,890 plus GST
Seismic Rating: 15% NBS (E Grade)
Rating Valuation: $570,000 (Aug 2022)
Please note: all floor areas are approximated only.
For more information or to arrange an inspection contact:
Benet Carroll
021 028 94537
[email protected]
Features:
* Net Annual Rental: $57,890 plus GST p.a.
* Anchored by Portifino Resturant
* Prime position opposite Centre City
* Site Area: 379sqm
* 4 on-site car parks
