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

Wellington Central

178-182 Willis Street, Wellington Central, Wellington

Video
Watchlist
Share
Sold
Slide 1 of 19
1 OF 19
3251477_1.jpg
3251477_2.jpg
3251477_1.jpg
3251477_2.jpg
3251477_1.jpg
3251477_2.jpg
1,479sqm Land area SQM
6,513sqm Floor area
75 Offstreet

Tender

Investing in Education


Bayleys have been exclusively appointed to market for sale Education House (West Block), 178-182 Willis Street, Wellington.

Education House (West Block) is a 13 level office tower of 6,513sqm producing a current net income of approximately $700,000pa with substantial upside.

The building is seismically sound with a rating of 70% NBS and a generous 75 carparks.

Continue with the office refurbishment or consider a future change of use to accommodation with close proximity to the CBD, Victoria and Massey Universities.

Contact Grant Young (021 988 613) or Luke Kershaw (021 610 093) for further information, or visit the link below:
http://www.propertyfiles.co.nz/property/178-182WillisStreet

Tender

11

Apr

Time4pm
Calander
Calendar
Grant Young

Grant Young


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

Luke Kershaw


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

Features

Cashflow


Currently netting approximately $700,000.00 per annum, there's certainly upside on offer

Further add value


Multiple options for further development of existing building

Location


Situated on the fringe of central Wellington minutes from the CBD

Seismically strong


The building has a 70% NBS rating derived by DSA from Clendon Burns