18-26 Wellesley Street, Auckland Central, Auckland

Pride of Ownership

- Fully leased returning net income of $1,718,000 + GST pa
- Superbly presented commercial & retail spaces
- IEP 100% of NBS (New Building Standard)
- Large 1,032sqm freehold site with huge corner profile in sought after location

The ex Auckland Art Gallery building has been meticulously refurbished to one of
Aucklands finest examples of modernised character space. Incorporating retail and office
over four levels.

Strategically located fronting the Lorne Street retail strip within the heart of the CBD, and
enjoying two other prominent street frontages.

This investment offers a further development opportunity to build an additional 10,320sqm
GFA on top of the existing building.

In 2014 the comprehensive refurbishment of the building included a full structural upgrade
to achieve a seismic capacity of 100% of New Building Standards.

This is truly one of Aucklands iconic buildings.

For Sale by Deadline Private Treaty (unless sold prior)
4pm, Thursday 20th August 2015