Seize a unique owner-occupier or investment opportunity in the sought-after Thorndon neighborhood. Positioned within a building where other floors have been successfully converted to residential units, this property presents an enticing prospect for conversion, allowing you to maximize its potential. With stunning views of the harbor and city, strategic location, and convenient amenities nearby, this property is a must-see for astute investors.
Net Return of approx $55,000 + GST per annum: providing a stable and attractive income stream. This offers financial security and a strong foundation for your investment portfolio. There is also the opportunity to occupier the floor with 3 months notice, a great choice for those wanting to become their own landlord.
The unique feature of this property lies in the potential for residential conversion. With other floors in the building having undergone successful conversions, Level 7 presents an excellent opportunity for you to explore the option of converting either one or both units on the floor into residential spaces.
The property comprises two separate titles, offering flexibility in terms of conversion options. You have the choice to convert just one half of the floor while retaining the other as an income-generating office space, providing a balanced investment strategy.
Level 7 enjoys breathtaking views of the harbor and city, creating an inspiring and desirable working or living environment. Situated in Thorndon, this property benefits from its close proximity to the CBD and offers easy access to the motorway system, ensuring excellent connectivity. Nearby amenities include Thorndon New World.
On-Site Car Parks: The property includes two on-site car parks.