Brand New & Street Facing with Two Parks

Ground Unit 1 - 111 Dixon Street, Te Aro
Expires in: 4 days
Posted by:Century 21

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Description

Floor area177sqm
Agency reference481,650
Agent nameJeh Wasti

The signature spot at DXN is ready for an owner!

Get hold of the street facing, ground floor commercial spot at DXN - Wellington's newest and tallest residential building (100% EQC). Retail Unit 1 at 111 Dixon Street is available to buy.

-Unit is 131 sqm approx
-Courtyard is 46 sqm approx
-Both car parks are a few steps away

Features:
-Multiple Entry Points
-Kitchenette
-Walls plastered ready to paint
-Sprinkled to code
-Toilet/Washroom

Rental Estimates:
-Approximately $1763.46 per week for the floor space PLUS approximately $203.46 per week for the courtyard
-Approximately $75 per week for each car park

Total Gross Yield comes to approximately $110,000 per year

RV Unit: $1,150,000
RV Each Car Park: $75,000

BC fees: $7364.17 per year
Rates: $14,748 per year


Location

Ground Unit 1 - 111 Dixon Street, Te Aro