Listing Description
Listed: Fri, 4 Oct
Crown Tenancy for Secure Investment
204 Sloane Street, Te Awamutu, Waipa, Waikato
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Capital value (CV) | $8,750,000 |
| Agency reference | NC193804 |
Description
Purpose built in 2020 for the Ministry of Social Development (MSD) & Oranga Tamariki (OT) is built in separate but adjoining buildings and leased under one tenancy to the Crown.
- A Grade seismic rating
- 1398m2 office on 1970m2 freehold land area
- Undercover & open carparking
- Net lease approx. $577,000pa plus GST & Operating expenses
- 9 year term from 2020 with rights of renewal
This is an opportunity to secure a new building which is well tenanted and situated on Te Awamutu's busiest street, so has high profile & two road frontages. A great opportunity to add this property to your portfolio for long term income & gains
Contact agent today
Property Files
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