1,010sqm
floor area
658sqm
land area
Annual Income | Net annual income of $239,000 + GST |
Lease | Immaculately presented fully leased investment |
Seismic | 2021 seismic rating of 75% NBS |
Tenants | University of Otago as anchor tenant on long term lease |
Located within easy walking distance of the Hospital, this immaculately presented 2 level office building makes an ideal addition to Otago University's Wellington Campus for use by it's medical students and staff. Accounting for 80% of the rental income, the University provides you the security of a blue-chip tenant that also has first rights to take up additional space when other leases expire. Meticulously maintained and with a recent seismic rating of 75% this is the type of investment that is a must view for those wanting a quality bottom drawer investment
Tenancy details
Fully leased with University of Otago as anchor tenant and 2 smaller tenants making up the balance. Tenancy schedule available on request.
• Immaculately presented fully leased investment
• University of Otago as anchor tenant on long term lease
• 2021 seismic rating of 75% NBS
• Net annual income of $222,702 + GST
To assist purchasers with their assessment of the offering an online due diligence data room is available.
www.propertyfiles.co.nz/43-47HansonStreet_TP3
Licensed under the REA Act 2008
Mobile: +64 27 444 7656 |
Office: +64 4 499 6022 |
james.higgie@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 320 280 |
Office: +64 4 499 6022 |
mark.walker@bayleys.co.nz |
1,010sqm
floor area
658sqm
land area
Annual Income | Net annual income of $239,000 + GST |
Lease | Immaculately presented fully leased investment |
Seismic | 2021 seismic rating of 75% NBS |
Tenants | University of Otago as anchor tenant on long term lease |
43 - 47 Hanson Street, Mt Cook
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 444 7656 |
Office: +64 4 499 6022 |
james.higgie@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 320 280 |
Office: +64 4 499 6022 |
mark.walker@bayleys.co.nz |
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