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  A unique opportunity to buy a new building, fully leased, in Riddiford Street, Newtown.
Landmark tenants in the area include Benchmark, Westpac, NZ Post, McDonalds, and Pizza Hutt to name a few. Opposite Wellington Hospital. |
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Benefits of the site:
- New building completed in late 2006
- Ground floor leased to a Government tenant (area 700m²)
- First floor leased to PHO Health Providers (area 680m²)
- 9 car parks on one separate unit title
- Access to Hall Avenue at the rear
- Excellent natural light
- Lift access
- Excellent exposure to Wellington’s southern suburbs
- Opposite the $350 million Wellington Hospital redevelopment
- Frontage to main retail area of Newtown
Gross Income $369,000 (exc GST)
Outgoings $50,000 (exc Gst)
Price $4,500,000 (exc GST if any)
Cap rate 7.09% nett |
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GROUND FLOOR PLAN
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FIRST FLOOR PLAN
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For more information contact:
City Living Group Ltd
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Every care has been taken to verify the accuracy of the information contained herein,
however no warranty is given and purchasers are advised to carry out their own investigation.
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