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Mt Cook

76-80 Adelaide Road, Mt Cook, Wellington

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1,117sqm Land area SQM
1,855sqm Floor area
8 Offstreet

Adelaide Road office - income now, upside later


Positioned in the heart of Mount Cook, this three-storey office building offers an outstanding investment opportunity with solid income, excellent accessibility, and a strong leasing history.

The building is occupied by a mix of high quality tenants like Jaycar on the ground floor and Rubber Monkey on the first floor, which also benefits from dual roller door access via King Street. The second floor is occupied by Foster + Melville Architects, with two small office suites that are currently vacant.

The building is accessed via both Adelaide Road and King Street, providing valuable drive-through and 8 cover carparks. On one of Wellington's busiest arterials, Adelaide Road, the site benefits from high vehicle traffic exposure, close proximity to Wellington Hospital, the Basin Reserve, and key transport routes.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/76-80adelaideroad

• Land area of 1,117sqm and building area of 1,855sqm
• Eight covered car parks
• Annual income of $226,068pa + GST (potential income $380,000 + GST)

Tender

Level 14, 36 Brandon Street, Wellington

24
Sep

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Ethan Hourigan

Ethan Hourigan

Commercial Sales and Leasing

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

Sarah Lyford

Commercial and Industrial Sales

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

Features

Floor area details


Building area of 1,855sqm

Passing income


Current net income of $226,068pa + GST

Parking


Eight covered off street car parks

Growth


Unlock the potential net income $380,000pa + GST

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