CLARKE'S BUILDING - ISLAND BAY LANDMARK

121, The Parade, Island Bay, Island Bay, Wellington

Price On Application

Proposed Usage
Retail
Floor Area
420.00 m²
Land Area
339.00 m²
Description:
Property ID
1btls52



Outstanding opportunity to purchase in the tightly held suburb of Island Bay.

This mixed use property currently has three commercial leases, two residential agreements, and two advertising leases in place. The commercial leases take the ground floor frontage to The Parade and tenants include the Island Bay Bakery, Bunkhouse Graphic Design, and Crown Indian Takeaways.

The residential apartments on the first floor are broken up into a northern and southern tenancy, both of which are generously proportioned with four bedrooms and rear ground floor courtyards. The advertising leases are also split to take space on both the northern and southern walls of the building which allows advertising to reach commuters along The Parade.

As a fully tenanted and busy landmark of the bustling Island Bay Village, Clarke's Building presents a fantastic investment opportunity.

Open homes will be held 2:30-3:30pm on Tuesdays and Thursdays throughout the campaign. Please register your attendance with Tim Bowden

For Sale by Deadline Private Treaty closing 2pm 19th July 2017.

For more information, please contact:

Sam McIlroy on +64 21 730 100 or email sam.mcilroy@colliers.com

Tim Bowden on +64 21 863 507 or email tim.bowden@colliers.com

Enquire about this property

Island Bay Area