Invest on the future

166, Taranaki Street, Te Aro, Wellington

Tender

Proposed Usage
Industrial
Floor Area
2067.00 m²
Land Area
1084.00 m²
Description:
Property ID
1c6lqmh

Created in 2012 with their mind on the future, this new car retail dealership really works for Johnston Ebbett , part of the wider NZ Ebbett Group. Just part way through their lease the astute investor will see the opportunity here, with future rental growth assured via CPI annual increases and a market review.

The fit out is simply superb, you walk through auto electric doors to the New York style showroom, and access the 1st floor showroom by the new lift.

Industrial style stairs access the mezzanine office management offices.

To the rear of the building is the high tech workshop. All purpose built by the tenant.

The site enjoys two street access and a vehicle ramp to the 1st floor showroom and vehicle prep area.

To fully appreciate this opportunity, call the listing agents today.

For further information and supplementary documents please visit:
http://www.propertyfiles.co.nz/property/166taranakistreet

• Long lease to a national tenant
• Current gross rental $364,376 + GST
• Assured rental growth

Enquire about this property

Te Aro Area