IDEAL CBD INVESTMENT
E/198, Federal Street, Auckland City
- Proposed Usage
- Floor Area
- 66.00 m²
- Property ID
For Sale by Deadline Private Treaty, closing Thursday 3:00pm 6 December 2018, unless sold prior.
First time investors look no further! Located in the heart of Auckland central is this well-
presented ground floor unit offering an excellent entry level investment. Situated in the
buoyant location of Federal Street, this unit is in close proximity to public transport routes,
motorway access and an abundance of eateries, bars and shops in and around Queen Street
and the Sky Tower.
This modern unit offers 66.16m² of floor area with 2 secure and covered car parks, and has
an established tenant in place. Current return is $35,914.48 per annum net, with a 3+3 year
lease, which commenced in October 2017. This unit offers future flexibility with options for
retail or office uses.
Overall, a high-quality offering that is not to be missed - Contact the sole agents now for
your information pack and viewing times.
- 66.16m² freehold unit
- 2 secure and covered car parks
- Returning $35,914.49 per annum net
- Favorable 69% seismic rating
- Accessible central location