Mixed Use CBD Investment
85, Airedale Street, City Centre, Auckland City
- Proposed Usage
- Floor Area
- 5450.00 m²
- Property ID
- Mixed Use CBD investment property returning $1,419,004 p.a. (approximately)
- Modern six level building with four commercial office levels on a new 10 year lease plus 32 residential apartments, each on separate titles
- Strategic CBD position in the heart of the Education Precinct
- A must view for astute investors seeking a long term diversified income stream
Located in the heart of the Education Precinct in Auckland CBD, this modern property presents investors with the potential for a diversified income stream from commercial and residential tenancies.
The property comprises four levels of commercial office, which have just been refurbished and leased on a new 10 year lease to an established education provider, along with two levels of refurbished residential apartments, all on individual titles (36 titles in total).
The property is located just a short distance from Queen Street and is surrounded by other established education facilities including Auckland University and AUT. This property offers not only a long term mixed use cash flow, but also potential add-value angles. Call now for further information.