Bayleys Real Estate Ltd
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Auckland Central

119 Wellesley Street West, Auckland Central, Auckland

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1,056sqm Floor area
804sqm Land area SQM

Tender

(unless sold prior)

Fully Leased Standalone in Premier City Position



- Prime freehold standalone city building with future upside
- Multi-tenanted and 100% leased returning $300,526 + GST p.a.
- Leases have built in-growth plus landlord termination provisions
- Premier profile position opposite the City Works Depot and the vibrant Victoria Quarter Precinct
- Under-developed freehold site of 804sqm (more or less)
- Zoning prescribes Maximum Height of 30 metres and a range of uses including residential
- Enjoy the income while you consider the further upside
- Now surplus to vendors requirements.Call us to inspect

What a position. Across the road is the vibrant City Works Depot and Victoria Quarter Precinct which offers an array of cafes and eateries.
The Central City is just a short walk away as is Victoria Park and Les Mills.
Secure this one for long term hold and explore the opportunity this underdeveloped property offers.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Wynyard Quarter, Auckland

23

May

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Cameron Melhuish

Cameron Melhuish


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Brendan Graves

Brendan Graves


Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Ben Wallace

Ben Wallace


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

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Don't miss out!

Profile position


Prime CBD Location across from City Work Depot on Wellesley Street, close to a range of cafes and amenities

Tenanted Investment


Fully leased multi-tenanted investment - Enjoy the income while you consider the future upsides