Deadline sale

Closing 1pm, Wednesday 27 July 2022 (unless sold prior)

This excellent industrial building has a wide street frontage with high profile. There are two levels facing Nelson Street: downstairs reception, office, changing rooms and kitchenette, upstairs office, and mezzanine landing. The main portion of the building behind this facade opens out into a high stud, clear span warehouse.

Currently leased to a national tenant, City Fitness, the main warehouse space is well fit-out for this purpose with carpet tiles, well-finished walls and ceiling, and good lighting. The reception area is welcoming, the office spaces well finished and changing rooms well equipped.

The current tenant's lease has recently been renewed with holding income of $102,372 + GST and outgoings to 31 December 2023, providing a generous planning window for developers or owner-occupiers looking to unlock the property's redevelopment potential.

There is additional access to the building via the rear driveway from Auckland Street which also provides four car parks.

Contact the sole agents today for more information, Grant Thorpe and Zak Thorpe.