Unit 2/ 86 Alpha Street, Cambridge, Waipa

Top drawer commercial investment

•New lease to national tenant Milford Asset Management Limited returning $40,000pa plus GST net
•Brand new commercial office unit of 103sqm approx.
•Features secure carparking, prime and central location

Rare to find, this brand new 103sqm commercial office is offered as a tenanted investment, with a blue chip national tenant in place. On the ground floor of the prestigious multi-purpose Eightysixalpha building, the premises is home to Milford Asset Management's brand new Waikato office.
The building's modern construction, stylish design and a contemporary aesthetic exude success. Enjoying a high profile street frontage in the hub of down-town Cambridge, the office has clean lines, good natural light, on-site parking and the ease, comfort and low-maintenance aspects of a new build.
On a new lease, it returns $40,000+GST and OPEX per annum. The landlord not only reaps a good monthly return on this solid, brand new investment, the lease has built-in 5% increases every other year, well above CPI.
Rental income and price appreciation depend on various factors, including location, social and physical infrastructure, placing this office in the top drawer of commercial real estate and avoiding the challenges of the residential investment market to assure great buyer confidence.
This is an opportunity to secure property in the highly desirable Cambridge market, dont delay - call today.