•Freehold standalone character investment property

•Currently comprising four levels of office accommodation

•Land Area: approximately 356sqm

•Floor Area: approximately 1,097sqm

•Partially leased returning $156,000 + GST p.a..

Investment opportunities such as this, in the heart of Auckland's CBD, are scarce. This central city location is one of the most sought after for multi-level residential, apartment and hotel accommodation.

There's obvious upside from the property both by a re-calibration of the leases providing for a good level of rental growth, as well as the potential for owner occupation. The numerous future add-value options include mixed use retail and office accommodation, residential conversion, or future development maximising height controls under the sought after Business - City Centre Zone.

This is an unrivalled investment opportunity that must not be overlooked.