Well presented office property ready for owner occupier

19-Nov-2014 03:07:20

Corinthian 2

A ground level office space ideally suited to an owner occupier wanting to be close to Westfield Albany Mall is available for sale by auction.

Unit K, 75 Corinthian Drive, Albany is being marketed by Dave Lane of NAI Harcourts North Shore and will go up for auction on Thursday 4 December at 11am.

Lane says this well presented office property is adjacent to the North Shore District Court and is currently vacant.

Estimated to have been built in 2005, the property comprises a total floor area of approximately 167m², which includes 122m² of office plus a 45m² private courtyard. It is positioned at ground level and is the second to last unit from the rear of a complex containing a number of other similar unit titles.

There are four allocated car parks, three opposite the unit and one positioned to the front.

Lane says the office area is relatively spacious and the fit out was set up for a physiotherapist, however it would be functional for most office uses. He anticipates the location would be well suited to a law related activity due to its near proximity to the North Shore District Court.

The amenities are modern in appearance and include a kitchenette and facilities. The inside space opens out onto a private rear courtyard.

Potential rent is $34,500 net pa.

The property is located on the south eastern side of Albany central and is adjacent to Westfield Albany Mall. It is approximately 1km south west of the northern motorway interchange, and a similar distance north east from the Tawa Drive motorway interchange.

Unit K, 75 Corinthian Drive has been built to the latest building code. As such it is not considered to be at risk in the event of an earthquake. Checks with both Auckland City Council and the Body Corporate Manager have confirmed that no seismic reports have been done on the property and are not considered essential due to it being a recent development.

Total rates are $3,262 including GST, with a body corporate levy of $1,854.

The gently sloping site is currently zoned Business 6, which applies to land well suited to commercial development. The proposed zoning under the Auckland Unitary Plan is Metropolitan Centre, which provides for a wide variety of activities, including commercial, leisure, high-density residential, tourist, cultural, community and civic services.

Lane says the easy to find location, combined with a demand in the area for ground level office space, makes this property one that will appeal.

Unit K, 75 Corinthian Drive, Albany will be auctioned at 11am on Thursday 4 December at the Royal New Zealand Yacht Squadron, 101 Curran Street, Westhaven.

Press Release, Nai Harcourts - Commercial