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Unit 4, 11 Vivian Street

Unit 4, 11 Vivian Street, Te Aro, Wellington, Wellington

Deadline Private Treaty Office
Price upon request
Property No. 0053813

Building Information

Strategic Investment

11 Vivian Street is a unit titled building comprising retail, residential, office and car parking. The offering and subject property is Unit 4, which is currently leased as commercial office space along with three external car parks.

The floor is accessed from Vivian Street by a new lift and generous stairwell. The current owner has substantially renovated the property since acquisition upgrading to a modern and high standard. Features include polished concrete floors, a large communal kitchen and meeting area, glazed partitioning, and ample natural light to give a spacious modern work environment. The floor is unique in design and has been fully leased since the renovation.

- Immaculately presented commercial office space
- Flexible floor plan and layout providing great options for leasing
- Multiple income streams with 100% leasing history
- Onsite sought-after car parking at the rear of the building
- Future owner occupier opportunity, for commercial and or residential conversion
- Area of significant future development, unlock the puzzle for a savvy investor or developer

Strategy Creative occupy level three and Local Collective lease the mezzanine floor providing great cash flow. The tenants enjoy the location, close to the best cafes and supermarkets in Te Aro. The property has massive profile to Vivian Street with signage rights allocated to Strategy Creative.

The body corporate structure is straightforward, Unit 4 is responsible for around 25% of operating costs. The ground floor is also available for purchase offering a savvy buyer the scope for future development with residential conversion options and future site development opportunities.

For more information or to arrange an inspection, please contact Jim Wana on +64 21 623 653

Last updated

16 Jun 2022

Floor area

544 sqm

CarSpaces

3

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