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Stunning Unit & Iconic Tenant - Logan Brown
192 Cuba Street, Te Aro, Wellington City
As Exclusive Agents, CBRE New Zealand is pleased to offer 192 Cuba Street, Te Aro, Wellington for sale. The property comprises a Ground Floor commercial unit situated on a prominent north-west facing corner, providing a great investment opportunity for any passive investor. Investment highlights include: – Renowned tenant (Logan Brown) since 1996 – Annual rent: $162,000 plus GST (gross) – Gross floor area: 550sqm (Basement, Ground Floor + Mezzanine) – 70% NBS (2023 ISA) – Realistic Vendor – Bankable investment The property is being offered for sale by Private Treaty. This is a great opportunity to acquire a stunning passive investment located on a prominent corner in central Wellington Accordingly, CBRE strongly recommends your early consideration of this investment opportunity and encourages interested parties to get in touch without delay. For further information, please contact one of the nominated brokers.
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Renowned Tenant (Logan Brown)
Realistic Vendor
Bankable Investment
Iconic Character Building
Address
192 Cuba Street, Te Aro, Wellington City
For Sale
$1,175,000
Type
Investment
Floor area
550
sqm
approx.
Listing ID
WGN100611
Office
CBRE Wellington
For Sale
$1,175,000
Ask a Question
Dharmendra Mistry
Director - Metropolitan Investments
m.
021 175 0751
dharmendra.mistry@cbre.co.nz
Licensed under the REAA 2008
Rick Stace
Director - Metropolitan Investments
m.
021 338 465
rick.stace@cbre.co.nz
Licensed under the REAA 2008
CBRE Wellington
Level 24, 195 Lambton Quay
Wellington 6011
Wellington, 6011
b.
+64 4 499 8899
f.
04 499 8889
www.cbre.co.nz
info@cbre.co.nz
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