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• 76m² Freehold unit
• Returning $42,435 net p.a.
• Office and recording studio
• Options for investors and occupiers
Located on the ground floor in the stunning, architecturally designed Uno Duo building, this entry-level investment property is anchored by a long-standing tenant Frank Management Ltd. A bite-size asset that is passively returning $42,435 net per annum and benefits from 3% annual increases.
Investors, consider this well-presented asset as a low-maintenance and long-term hold. Occupiers, explore the flexible lease and make future plans to occupy - not many are presented with an office and recording studio in one!
Highly desirable and vibrant Grey Lynn location in close walking distance to Ponsonby Road. Entry-level investments in this location are scarce and our motivated vendor is prepared to meet the market.