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First time on the market - 99 Mana Esplanade is a popular office and retail complex located in the very tightly held suburban precinct of Paremata.
The property is fully leased to 15 different tenants ranging from office accommodation through to service retail, a fitness gym, and hospitality ventures. The property consists of three structures, each individually titled, with a 2023 seismic report from Spencer Holmes finding an NBS rating of 100% for each building.
All existing tenants are long-standing and enjoy the courtyard feel the complex offers, making good use of the bustling onsite Cafe. After costs, the property has a net income of approximately $360,000 which allows for annual management, gardening, rates, and insurance.
Investment opportunities within this area are a rare commodity, don't miss your chance to purchase this secure strategic investment.
To obtain copies of all supplementary documents please register your details at: www.propertyfiles.co.nz/property/99ManaEsplanade
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 2 | 230m2 | 2024年02月15日 | $850,000 | Council approved | |
 | 0.13 km | 3 | 2 | 194m2 | 2024年02月13日 | $910,111 | Council approved | |
 | 0.17 km | 3 | 1 | 110m2 | 2023年12月15日 | $618,000 | Council approved | |
 | 0.27 km | 3 | 120m2 | 2023年12月06日 | $570,000 | Council approved | ||
0.52 km | 3 | 123m2 | 2023年11月23日 | $600,000 | Council approved |