Diversified split risk investment


E/23 William Pickering Drive, Albany

Asking Price NZD $1,710,000

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Diversified split risk investment | E/23 William Pickering Drive, Albany | 1502299 |      X Close
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Diversified split risk investment


- Well-presented modern office premises

- High profile site on the corner of William Pickering and Piermark Drive

- The property is split into two separate office tenancies occupied by two tenants

- Diversified income stream with two new four year leases in place

- Currently returning a combined net return of $106,650pa plus GST

- Located in one of the North Shores most desirable commercial precincts

A prime opportunity has presented for an astute investor to purchase a quality office premises for sale as a tenanted investment. This high quality asset is located in Albany a highly sought after central business hub on Auckland's North Shore.

The premises is split into two modern well-appointed tenancies leased out to separate tenants providing a diversified income stream. In addition to the quality fitout, superb location and excellent profile, the property also provides exceptional parking amenity which is increasingly sought after on the North Shore.

With vacancy rates for office at historical lows, limited supply of Greenfield sites and strong population growth on the North Shore demand and accordingly rental growth is likely to continue in the coming years.

Don't hesitate call now to arrange an inspection and secure this attractive property.

E/23 William Pickering Drive, Albany

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