Level 1/5 Crummer Road, Grey Lynn

Sold August 2023

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We show sold price once a sale is settled. For pricing information in your area, contact the salesperson.
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291m² Floor Area

PASSIVE INVESTMENT OR OCCUPY - YOU CHOOSE!


For sale by deadline private treaty closing 2:00pm, Wednesday 23 August 2023 (unless sold prior) at Level 3, 50 Kitchener Street, Auckland Central.

  • Returning $184,673 net per annum with 3% annual increases
  • Freehold, 291m² full floor with six secure car parks
  • Keep the existing tenant or occupy the floor - you choose!
  • Corner profile in a highly desirable and vibrant location

Located at the corner of Crummer Road and Vinegar Lane in a stunning architecturally designed building, this premium investment property is anchored by a long standing tenant in business over 25 years, who are open to renewing for an additional term or providing vacant possession. This blue chip asset is passively returning $184,673 net per annum and benefits from 3% annual increases.

Occupiers, enquire now to secure this Freehold property to showcase your business - not many are presented as flawlessly as this one and include six on-site parks! Investors, consider this impeccable office as a low maintenance and long-term hold.

Highly desirable and vibrant Grey Lynn location in close walking distance to Ponsonby Road. Premium investments in this location are scarce and our motivated vendor is prepared to meet the market. Enquire today for a full information pack.

Property details

Location:
Level 1/5 Crummer Road, Grey Lynn
Property ID:
90611

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