Tenanted Investment - Orewa CBD

Orewa, Rodney

$460,000

Proposed Usage
Retail
Floor Area
82.00 m²
Description:
Property ID
1btvgjc

The property is a first floor office at 16 Florence Avenue, Orewa, known as Florence House. Florence House was constructed in 2011, has three levels, a lift, and is centrally located in the Orewa CBD.

Being an ultra-modern building the property has always been sought after by tenants and is currently fully tenanted.

An auxiliary unit attached to the title of this property has a Vodafone towner and lease which provides a high cash flow to investors.

Commercial attributes of this property include:

1. Two leases and tenants providing a high yielding investment and a lower risk profile.
2. As new ultra-modern building with lift access and quality fittings requiring low maintenance.

3. Office and Vodafone tenants have renewed leases displaying their commitment to the property.

4. Attractive façade with excellent street frontage and allocated rear parking.

Asking $460,000 plus GST (if any)

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Orewa Area