Realistic Vendor = Realistic Yield

Unit G/2B, William Pickering Drive, Rosedale, North Shore City

By Negotiation

Proposed Usage
Office
Floor Area
520.00 m²
Description:
Property ID
1c19w2b

The owners are liquidating trust assets, so this is your chance to secure an investment at a realistic yield. Rarely does an investment opportunity come to the market that is government funded! Better yet this property is not going to auction!

Tenanted by, Healthcare of New Zealand Holdings Limited (HHL). HHL is the parent company to a range of specialist organisations that provide quality personalised health, disability and rehabilitation support services within communities across New Zealand.

HHL have been occupants of the tenancy since September 2014 and have last year renewed their lease for another term of three years from 1st April 2017. There are two further terms of three years each taking the final expiry out to 1st April 2023 should all rights be exercised.

The rental which was reviewed to market on renewal is $138,460 net pa + GST + Opex. These attractive lease terms, coupled with an outstanding tenant covenant make this a exciting prospect to add to any portfolio, or as a secure first time investment.

Quality fit-out belonging to the landlord and ample on site car parks exclusive to this unit.

This prime office is a well-positioned unit located within a highly sort after and successful business complex with zero vacancies. Situated only a few minutes from the western ring route and the northern motorways.

The property is to be sold by Negotiation.

To view the property video and download secure documents visit:
https://app.four-walls.com/TourNew/Index/51739

For further information or to arrange a viewing contact the sole agents Ellie Martin 021 404 977 or Deborah Dowling 021 2480 060



Enquire about this property

Rosedale Area