5 storey boutique heritage retail & office building.
11m frontage to the western side of York Street close to the busy King Street intersection.
81 York Street (circa 1881/82) is being offered to the market for the first time in 30 years.
o Substantially upgraded & fully leased.o Site area: 311m2o Net lettable area: 965.7m2Retail: 186.6m2Office: 779.1m2o 2 x shops, both long standing tenancies comprising sushi/sandwich bar & Mitchell's Adventure Store.o 4 x independent self contained whole office floors with an average floor space of 195m2.o Quality tenants through-out the building with opportunity for future occupation of Level 1.
o Prime midtown position between King Street & Market Streets, adjacent to the Grace Hotel enjoying easy vehicular access from the north & east/west in close proximity to Town Hall & Wynyard Railway Stations.
o Estimated gross income of $504,000.00 per annum + GST.
o Building services renovated over recent years with the office floors refurbished comprising independent floor by floor air-cooled A/C systems.
o Character heritage facade with use of polished floorboards and sand blasted brick finishes to the upper levels providing creative style office environment.
o Excellent presentation & condition.
o Potential (subject to Council approval) for application for grant of 1555m2 approx transferable heritage floor space.
o Opportunity for redevelopment/strata conversion, again subject to Council approval.
81 York Street represents a rare offering to the tightly held CBD market.
Inspections by appointment.