Available PropertyFiles:

/1. Information Memorandum/
- Information Memorandum_39 Arthur St_PBN.pdf
/2. Lease Documents/
- 38. Letter Requesting Consent to Change of Control (Arthur St)[88] copy.pdf
- 39 Arthur Street - Mojo Deed of Lease84 copy 2.pdf
- ATL -39 Arthur Street Kapura[2] copy.pdf
/3. Seismic Information/
- 25998 - 2024.02.14 - 39 Arthur Street strengthening to 100% NBS - structural PS4.pdf
/4. Insurance Details/
- 38 Arthur Street Insurance Details 2023.pdf

Property Description

Welcome to an investment opportunity that checks all the boxes! It is fully leased to two major companies, Mojo Coffee and Star Hospitality (DB Breweries major shareholder). There is a split risk with residential and commercial tenancies and the building has just gone through a major refurbishment and seismic upgrade to 100% NBS.

This prime investment returns $424,000 + GST per annum.

This property enjoys a high profile and is strategically located on Arthur Street, adjacent the intersection with Cuba Street.

The ground floor comprises two commercial kitchens, the larger is leased to Mojo, the other plus the first floor eight residential apartments are leased to Star Hospitality.

• Refurbished and strengthened to 100% NBS
• Fully leased to two major national tenants
• Two commercial tenancies plus eight apartments
• Net annual income $424,000pa + GST

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The 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.
By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

Contact Mark Walker

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 320 280 mark.walker@bayleys.co.nz All Listings

Contact Grant Young

Capital Commercial 2013 Limited

Licensed REAA 2008