Mortgagee Sale: Medical Investment

139 Remuera Road, Remuera, Auckland\n\n- Superbly presented and multi-tenanted Medical Complex (124% NBS)\n- Substantially renovated in 2005. 124%NBS (A+) Seismic Rating\n- High Profile corner site on the 'Remuera Road Medical Strip'\n- Established medical tenants in occupation\n- Returns $345,523 + GST pa net (approx)\n\n139 Remuera Road consists of a Medical Centre situated on the high profile corner of Remuera Road and Dilworth Avenue. It forms part of the 'Remuera Road medical strip', a location dominated by medical activity which includes the completion of a number of new medical developments over recent years.\n\nThe property consists of a modern purpose built medical centre providing accommodation over three levels with a covered and secure basement carparking area. It was extensively modernised in 2005 and is a superbly presented property which houses a number of medical tenants, a number of which are long-standing.\n\n139 Remuera Road returns an attractive cashflow of $345,523 + GST p.a. (approx.). Four suites are vacant enabling this cashflow to be increased through leasing. This is an opportunity to purchase a well presented high profile standalone investment in the sought after suburb of Remuera.\n\nMethod of Sale: Mortgagee Tender\nCloses 4.00 pm, Thursday 11th April 2013\n4 Viaduct Harbour Avenue, Auckland Central\n