198 Federal Street

Federal Street Retail/Office for Sale

198 Federal Street, Auckland Central, Auckland 1010

For Sale

Price By Negotiation

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Listing Reference #1579 . Listed: 01 Apr 2021

Property Specs

  • Bedrooms2
  • Bathrooms1
  • Living Rooms1
  • Dining Rooms1
  • GaragingNone
  • Car Parks2
  • Floor Area66 m2
  • MaterialConcrete
  • Levels1
  • TypeUnit
  • TitleFee simple
  • Year Built1996

Phone Number

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Seller's Description

A freehold entry-level investment or perfect owner occupier in the city centre. The unit is a street front on the busy Federal St, Auckland City Central with offices and apartments above. It is a stone throw away from the SkyCity Tower, New Zealand International Convention Centre, and the next street to the planned new CityRail Link Aotea Station.

The unit is currently a site office for Bishman returning gross $36,000 p.a. till 31st August 2021.

The unit has a kitchenette and 2 toilets as well as two secure covered car parks. The office partition is removable to create an open retail area.

The unit is well suited to both commercial and residential uses. There is also the possibility that it could be converted into a residential unit (refer to concept plan). This is subject to a resource consent and council approval.

The Auckland Council upgrade Federal Street to create a shared space, adding new plantings, installing new lighting to make the street more pedestrian and cycle friendly, creating a more vibrant retail atmosphere.

An interested party will be given a copy of the council LIM report.

https://www.trademe.co.nz/a/property/commercial/sale/listing/3007108344?bof=RgXehzvB

Locality / Area

Near to the SkyCity Tower and the planned new CityRail Link Aotea Station.

Other Details

Services
  • Water supplyCouncil
  • Septic systemCouncil
Property Condition
  • InteriorWell presented
  • ExteriorN/A
  • GardenNone
LINZ Info
  • Title number: NA105A/941
  • Legal description: Stratum in Freehold, 1/1, Unit GA and Accessory Unit 10 Deposited Plan 172162
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Heat pump. Alarm system. Blinds.

Tenancy Info

The property is currently tenanted but will not be tenanted post sale.

Downloads for 198 Federal Street

198---IEP-Report.pdf

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