As Exclusive Agents, CBRE New Zealand is pleased to offer 192 Cuba Street, Te Aro, Wellington for sale. The property comprises a Ground Floor commercial unit situated on a prominent north-west facing corner, providing a great investment opportunity for any passive investor.
Investment highlights include:
– Renowned tenant (Logan Brown) since 1996
– Annual rent: $162,000 plus GST (gross)
– Gross floor area: 550sqm (Basement, Ground Floor + Mezzanine)
– 70% NBS (2023 ISA)
– Realistic Vendor
– Bankable investment
The property is being offered for sale by Deadline Private Treaty, closing Wednesday 7th May 2025 at 4pm (unless sold prior). Offers are to be submitted on the prescribed form which can be downloaded via the Electronic Data Room.
This is a great opportunity to acquire a stunning passive investment located on a prominent corner in central Wellington Accordingly, CBRE strongly recommends your early consideration of this investment opportunity and encourages interested parties to get in touch without delay.
For further information, please contact one of the nominated brokers.
