Value-add CBD Opportunity; 35 Graham Street

35, Graham Street, City Centre, Auckland City

By Negotiation

Proposed Usage
Office
Floor Area
12515.00 m²
Description:
Property ID
1c4m7y7

35 Graham Street offers a compelling opportunity to acquire an expansive and elevated prime Victoria Quarter site, enjoying a front seat position with protected north facing views to the Waitemata Harbour.

The property is 100% leased to the Auckland Council for a minimum of two years, beyond which there are a range of value-add opportunities including extension and redevelopment, or conversion to residential or hotel uses.
The property will benefit from the significant and ongoing investment into infrastructure and high quality commercial developments within the immediate surroundings.

Investment Highlights include:
- 4,841sqm freehold site
- NLA of 12,515sqm
- Potential to add up to a further 8,588sqm* of GFA
- 100% leased to Auckland Council
- Net rental $3.975m pa (plus GST)*

For sale by Expressions of Interest closing Thursday 14 March 2019 at 4:00pm

Contact the exclusive agent, CBRE.

*approximate

Enquire about this property

City Centre Area