PRICED TO SELL - $1.71M + GST (If any)

Unit, 5, 16 Piermark Drive, Rosedale, Rosedale, North Shore City

Price On Application

Proposed Usage
Floor Area
382.00 m²
Property ID

Vendor says "Priced to sell at $1.71M + GST (if any)"Returning total $106,650 net pa + GSTFully tenanted high profile Albany InvestmentNew 4 year lease with upsideHighly leaseable tenancies

The offering represents a fantastic opportunity for an astute investor to acquire a well presented office unit in one of the North Shore's most sought after commercial precincts.

A rarity in this price bracket, the property is segmented into two distinct tenancies (upstairs/downstairs split) providing several options for the successful purchaser to occupy the upcoming vacancy or to pursue a new lease with a holding income until October.

Unique to this unit that will prove attractive to any tenant is the 16 carparks allocated to the unit including 10 available with first floor tenancy, a ratio that represents double the required allotment for this sized tenancy.

Modest rental rates, historically low vacancy and cost of construction/scarcity of land prohibiting competing new build stock all adds up to one fantastic buying opportunity.

Contact the Joint Sole Agents for further information and/or to view:  Janet Marshall 021 684 775 or Euan Stratton 027 580 7439

Enquire about this property

Rosedale Area