Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Mt Cook

43 - 47 Hanson Street, Mt Cook, Wellington

Watchlist
Share
Sold
Slide 1 of 34
1 OF 34
3254673_1.jpg
3254673_2.jpg
3254673_1.jpg
3254673_2.jpg
3254673_1.jpg
3254673_2.jpg
1,010sqm Floor area
658sqm Land area SQM
15 Offstreet

For Sale by Negotiation

When quality and security count


Located within easy walking distance of the Hospital, this immaculately presented 2 level office building makes an ideal addition to Otago University's Wellington Campus for use by it's medical students and staff. Accounting for 80% of the rental income, the University provides you the security of a blue-chip tenant that also has first rights to take up additional space when other leases expire. Meticulously maintained and with a recent seismic rating of 75% this is the type of investment that is a must view for those wanting a quality bottom drawer investment

Tenancy details
Fully leased with University of Otago as anchor tenant and 2 smaller tenants making up the balance. Tenancy schedule available on request.

• Immaculately presented fully leased investment
• University of Otago as anchor tenant on long term lease
• 2021 seismic rating of 75% NBS
• Net annual income of $222,702 + GST

To assist purchasers with their assessment of the offering an online due diligence data room is available.
www.propertyfiles.co.nz/43-47HansonStreet_TP3

James Higgie

James Higgie

Commercial, Industrial and Retail Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Walker

Mark Walker

Commercial and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Lease


Immaculately presented fully leased investment

Tenants


University of Otago as anchor tenant on long term lease

Seismic


2021 seismic rating of 75% NBS

Annual Income


Net annual income of $239,000 + GST