Stunning Unit, Iconic Tenant- Realistic Vendor

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Stunning Unit, Iconic Tenant- Realistic Vendor

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:

Michelin-Star Recognised Tenant, Logan Brown, Occupying 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

Next renewal December 2027

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.