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Albany

8/45 Arrenway Drive, Albany, North Shore

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100sqm Floor area

Unique office for investment or occupation


• 100sqm (approximately) modern office across two levels
• Split into two distinct tenancies offering a variety of tenancy options
• Strategically positioned development in excellent location
• Motivated vendor wants to see offers

Located on Arrenway Drive this well-appointed unit provides a myriad of options for the next successful purchaser looking to beat bank returns. Currently partially occupied with an established tenant on the ground floor and a vacant premises upstairs the property provides options for both business owners and investors alike. Both tenancies benefit from independent bathrooms and kitchenettes with excellent natural light from two outlooks.

With vacancy rates at all-time lows, a lack of developable land in the area, and the cost of construction still proving restrictive, developments and properties of this nature have become heavily sought after and provide all the ideal investment fundamentals for the future.

Asking Price NZ$475,000 + GST (if any)
Michael Nees

Michael Nees

Commercial, Investment and Development Sales

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Whooley

Daniel Whooley

Investment Sales and Leasing

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Steven Liu

Steven Liu

Retail, Development and Investment Sales and Leasing

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Zoning


Strategically positioned development in excellent location

Occupancy


Split into two distinct tenancies offering a variety of tenancy options

Floor area details


100sqm(approximately) modern office across two levels

Available


Motivated vendor wants to see offers

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