Strong Yield with Value-Add Potential

49, Main Highway, Ellerslie, Auckland City

Price On Application

Proposed Usage
Office
Floor Area
5131.00 m²
Description:
Property ID
1c74nms

JLL is pleased to present to market a unique office investment in one of Auckland's most accessible locations. Situated in Ellerslie, this asset presents a rare opportunity to acquire an exemplary investment, featuring high quality office space, strong yield, a great ratio of on site car parks and future upside through rental growth.

Investment Highlights include:
*5,131sqm of Building Area
* Net income of approximately $1,338,486 p.a.
* 134 onsite carparks - ratio of 36:1
* WALT based on income of 3 years
* 3,209sqm rectangular site
* 280m walk away from Ellerslie Train Station
* High spec build with a large profile

49 Main Highway is being offered for sale via Deadline Private Treaty (unless sold prior) closing Thursday 14th of November 2019 at 4:00 pm NZT.

For more information or a copy of this opportunities Information Memorandum, please contact JLL as exclusive agents.

6 apartments separately owned not included in the sale.

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Ellerslie Area