24 Centre Street, Auckland Central, Auckland

Victoria Quarter Investment

- Unique central Auckland City freehold standalone
- Fully leased to an established tenant
- Returns $52,678.26 + GST p.a.
- Under-developed site with favourable zoning

24 Centre Street provides an affordable investment in the highly sought after Victoria Quarter Precinct. Once the industrial hub of early Auckland, the quarter is now an eclectic mix of historic buildings and commercial activities. Opportunities in this location are tightly held - do not miss this!

The tenant, which has been in occupation for some 10 years, pays an annual net rental of $52,678.26 + GST p.a. as well as outgoings. Investigate the rental growth potential at next rent review in February 2019

The underlying zoning provides the potential for both additional floor area and height. Sit back and enjoy the cashflow while you consider the options this property provides.

This is an affordable investment offering future add value prospects. Call us now to discuss further!