• Freehold corner site with off street car parking
• Anchor tenant ANZ on new 3 year lease with annual 2% fixed increases.
• ANZ has occupied the site for 30 years
• Local Accounting firm on first floor, new 8 year lease
• Retail Bike Shop on 4 year lease
• Seismically strengthened building to 75% NBS
• Current return from tenants $253,932 per annum
• Secure rentals on three to eight year terms
A fantastic opportunity to own this distinctive building on a high profile corner site. Located on the corner of the main thoroughfare to the CBD Fenton Street, this 1,589sqm freehold site containing a 1,499sqm building stands proudly attracting the eye of all passers-by. The building is home to ANZ bank occupying the prime ground floor corner with eight car parks, an electric bike retail shop on the Fenton Street side, with one car park and a separate first floor office area accessed via Fenton Street with two car parks.
Call Bayleys for more information.
