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Te Aro

8 Cambridge Terrace / 5/19 Blair Street, Te Aro, Te Aro, Wellington

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1,255sqm Floor area

Courtenay Stunner - DB as Tenant


Two properties in one\nThree levels on Cambridge Terrace and one level on Blair Street\nBlue chip tenant until December 2017\n\nThese two properties combine to form what was once the Temperance Bar over three levels in Cambridge Terrace and one in Blair Street.\n\nThe Temperance Bar is no longer, but the lease to DB endures until December 2017.\n\nBeyond that, there are plenty of options for this well known, renovated building that is 100% of earthquake code.\n\nMake no mistake, our vendor wants it sold and will meet the market.

Tender

15
May

Time4pm
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Mark Sherlock

Mark Sherlock


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

Mark Hourigan


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

Features

Blue Chip Tenant


DB Breweries are the sole tenant until December 2017 and pay $455,000pa net plus outgoings

Loads of Potential


At the expiry of the lease in 2017 the property has a heap of potential for an alternative use if DB don't renew

Motivated Vendor


Make no mistake, this property is genuinely for sale.