Fully Leased Standalone in Premier City Position
119, Wellesley Street West, City Centre, Auckland City
- Proposed Usage
- Floor Area
- 1056.00 m²
- Land Area
- 804.00 m²
- Property ID
Enquire about this property
- 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.