Fully Leased Standalone in Premier City Position

119, Wellesley Street West, City Centre, Auckland City

Tender

Proposed Usage
Industrial
Floor Area
1056.00 m²
Land Area
804.00 m²
Description:
Property ID
1bt31s8


- Prime freehold standalone city building with future upside
- Multi-tenanted and 100% leased returning $300,526 + GST p.a.
- Leases have built in-growth plus landlord termination provisions
- Premier profile position opposite the City Works Depot and the vibrant Victoria Quarter Precinct
- Under-developed freehold site of 804sqm (more or less)
- Zoning prescribes Maximum Height of 30 metres and a range of uses including residential
- Enjoy the income while you consider the further upside
- Now surplus to vendors requirements.Call us to inspect

What a position. Across the road is the vibrant City Works Depot and Victoria Quarter Precinct which offers an array of cafes and eateries.
The Central City is just a short walk away as is Victoria Park and Les Mills.
Secure this one for long term hold and explore the opportunity this underdeveloped property offers.

Enquire about this property

City Centre Area