SIGNIFICANT OFFICE INVESTMENT - TWO TITLES

G2 & G3/4, Orbit Drive, Albany, North Shore City

By Negotiation

Proposed Usage
Office
Floor Area
474.00 m²
Description:
Property ID
1bz48mx

Time to out-manoeuvre the hordes of investors fighting over sub 5% yields and secure an attractive asset with flexible leasing options.

The space at G2 and G3, 4 Orbit Drive presents a fantastic opportunity to purchase two professional offices at the epicentre of the Albany Interplex. Units G2 and G3 span the entire first floor, with extensive glazing surrounding the professionally presented offices. The flexible layout gives tenants the option to occupy both units comprising approximately 474.2m² (280.6m² and 193.6m² respectively) by opening up access between G2 and G3. This is a superb opportunity to own a flexible investment not solely restricted to the larger tenant market, but a premises with the ability to cater to all shapes and sizes.

The entire floor plate is currently leased to a reputable tenant until 1 November 2017. However, they would vacate early if an owner occupier or another tenant was interested in occupying the space. Taking into consideration the current rental income and the market rates, this is an excellent opportunity to secure an enviable yield in one of the most sought after business parks on the North Shore. The vendor will also consider selling the two properties individually - please call to find out more about this option.

ANNUAL RENTAL INCOME: $157,000 plus GST

CAR PARKS: 15

KEY FEATURES:
• Two titles
• Air-conditioning
• Four toilets
• Cafes nearby
• Great profile
• Signage options
• Flexible lease options
• Easily reconfigured to suit

Expressions of Interest closing:
4:30pm, Wednesday 30 August 2017 (unless sold prior)

CONTACT: Please don't hesitate to call Joint-Sole Agents Max or Aaron to enquire about this opportunity or to inform us of your requirements.

Max Andrews: 021 629 141 | 09 359 7814
m.andrews@barfoot.co.nz

Aaron Smith: 027 225 8150 | 09 489 3884
aaron.smith@barfoot.co.nz

Enquire about this property

Albany Area