AWARD-WINNING SHOWROOM OFFICE

35, Virginia Ave East, Eden Terrace, Auckland City

Tender

Proposed Usage
Office
Floor Area
320.00 m²
Description:
Property ID
1bz6h85

Located at the northern end of Virginia Avenue East, a one-way avenue which connects New North Road to Charlotte Street. 35 Virginia Avenue East comprises a 320.6m² single level award-winning studio/office designed by one of the country's most highly regarded architects. Previously a warehouse, this building has been extended & extensively refurbished into a New York style character property with open truss ceiling, lots of natural light and a private courtyard.

The subject property sits on a 372m² Fee Simple (Freehold) title and is zoned Mixed Use. The entire property is leased to Euphoria Design Limited for $71,000 p.a. + GST (NET) including four car parks. The tenant has given notice that they will not exercise their right of renewal and the property will be untenanted from 1 June 2018.

Due to the short-term nature of the occupancy, this property is suitable for owner occupiers or investors in a city fringe market with ever shortening supply of small standalone buildings. Alternatively, a developer could take advantage of the site with Mixed Use zoning for apartment development. The adjoining property at 37 Virginia Avenue East is also for sale providing a corner site with unobstructed north-western outlook and a combined land area of 997m².

Not to be overlooked, call now for details.

• Award-winning architecture of creative building
• Owner occupier opportunity
• 372m² freehold land zoned Mixed Use under Unitary Plan
• Tightly held Eden Terrace location
• Four car parks and private courtyard
• Adjoining property also for sale

Enquire about this property

Eden Terrace Area