Retail
ID 53860UpdatedSaleUnit 2, 11 Vivian Street
11 Vivian Street
Te Aro
Please contact us for price
- Size
520 SQM
- Description
- Building Information
- Location
- Agents
Description
Does This Spin Your Wheels
Get ahead of the Property Cycle
11 Vivian Street, Unit 2, Te Aro, Wellington is well presented, ground floor retail unit with ample customer car parking to the rear of the site. A high-profile property leased to national tenant, Evo Cycles on a long term basis. The property is located on the southern side of Vivian Street to the Mount Victoria end being State highway #1 and the main arterial route through to the eastern & southern suburbs.
- National tenant on long term lease
- Floor area 520 sqm
- Excellent on-site car parking to the rear
- High profile location
- Potential future commercial/residential development site
- Net income $170,000 + GST per annum
- Annual rental growth
- New tenant fit-out
The building consists of strata titles comprising basement, ground level, first floor and the top floor (which is also available for purchase), plus car parking to the rear of the property. The ground floor unit comprises a 520sqm retail showroom, amenities and 12 carparks through separate unit entitlements. The tenant has recently undertaken a new fit-out of the premises.
This opportunity offers astute investors the chance to acquire an investment property that is not only well leased, but also offers potential future development opportunity.
11 Vivian Street, Unit 2, Te Aro, Wellington is being offered for sale with an asking price $2,100,000 plus gst (if any)
For more information or to arrange an inspection, please contact Jim Wana +64 21 623 653
Get ahead of the Property Cycle
11 Vivian Street, Unit 2, Te Aro, Wellington is well presented, ground floor retail unit with ample customer car parking to the rear of the site. A high-profile property leased to national tenant, Evo Cycles on a long term basis. The property is located on the southern side of Vivian Street to the Mount Victoria end being State highway #1 and the main arterial route through to the eastern & southern suburbs.
- National tenant on long term lease
- Floor area 520 sqm
- Excellent on-site car parking to the rear
- High profile location
- Potential future commercial/residential development site
- Net income $170,000 + GST per annum
- Annual rental growth
- New tenant fit-out
The building consists of strata titles comprising basement, ground level, first floor and the top floor (which is also available for purchase), plus car parking to the rear of the property. The ground floor unit comprises a 520sqm retail showroom, amenities and 12 carparks through separate unit entitlements. The tenant has recently undertaken a new fit-out of the premises.
This opportunity offers astute investors the chance to acquire an investment property that is not only well leased, but also offers potential future development opportunity.
11 Vivian Street, Unit 2, Te Aro, Wellington is being offered for sale with an asking price $2,100,000 plus gst (if any)
For more information or to arrange an inspection, please contact Jim Wana +64 21 623 653
Location
Agent
![Jim Wana](https://jll-global-gdim-res.cloudinary.com/image/upload/f_auto,dpr_auto,c_fill,g_face,w_3840,h_3840,q_70/e_grayscale/v1692576255/AU/OLM/AgentImage/g3a3qst6ebirdooohkic.jpg)
Jim Wana
Director, Retail Leasing