76-80 Adelaide Road, Mount Cook, Wellington Adelaide Road office – income now, upside later
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Information Memorandum_Adelaide Road, 76-80-min (2).pdf
- /2. Insurance documents/
- Insurance.pdf
- /3. Seismic report/
- Seismic Report.pdf
- /4. Title & Floorplans/
- 3257444-1.pdf
- Floorplans.pdf
Property Description
• Land area of 1,117sqm and building area of 1,855sqm• Eight covered car parks
• Annual income of $226,068pa+GST (potential income $380,000+GST)
Positioned in the heart of Mount Cook, this three-storey office building offers an outstanding investment opportunity with solid income, excellent accessibility, and a strong leasing history.
The tenancy mix includes Jaycar on the ground floor and Rubber Monkey on the first floor, which also benefits from dual roller door access via King Street.
The second floor is occupied by Foster + Melville Architects, with two small office suites currently vacant.
The building is accessed via both Adelaide Road and King Street, providing valuable drive-through and eight covered car parks.
Located on one of Wellington’s busiest arterials, Adelaide Road, the site benefits from high vehicle traffic exposure, close proximity to Wellington Hospital, the Basin Reserve, and key transport routes.
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Terms of Supply
DISCLAIMER AND STATEMENT OF GENERAL POLICYThe following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Ethan Hourigan
Capital Commercial (2013) Limited, Bayleys,
Licensed under the REA Act 2008
+64 4 499 6022 +64 21 427 601 ethan.hourigan@bayleys.co.nz All Listings
Contact Sarah Lyford
Bayleys
0274970019 0274970019 sarah.lyford@bayleys.co.nz All Listings