14-22 Alfred Street, Blenheim, Marlborough

Well Leased, Strengthened and Refurbished

* Seismic rating of 70-79%NBS

* Offices and open plan building

* 470sqm on land area of 1,179sqm and includes 14 carparks

* Well leased, strengthened and refurbished in 2016

* Seven year lease from 1 April 2016 plus 2 x ROR

This well recognised property overlooks the Taylor River which flows on the northern edge of the Blenheim CBD. After earthquake strengthening in 2015/2016, the property was leased to a national community provider who completed the fit-out to a very high standard. Receiving all day sun, the property is just 150sqm to the Blenheim Convention Centre and ASB Theatre, and within easy walking distance to the CBD.

The easy-care passive investment property will appeal to investors to make the most of this opportunity.