474 Unit Title Car Parks for Sale Te Aro Wellington

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Land/Development - 474 Unit Title Car Parks - Park Your Investment Funds Here!

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Commercial Property for Sale Description

474 Unit Title Car Parks for Sale Te Aro Wellington 70 Tory Street

CBRE are pleased to offer 474 unit titled car parks for sale. The building offers six levels of car parking with a total of 771 spaces contained within the Distinction Hotel and Century City Apartment Complex.

* Modern, well-lit and well apportioned parks
* Centrally located in the Courtenay Place entertainment precinct
* Car parks becoming an increasingly rare commodity
* Full vigilance security system including CCTV and monitoring
* Sophisticated car park management system
* Specifications include full fire protection and car park exhaust systems
* Located in the heart of many new inner city apartment and retail developments
* Flexible unit title ownership, allowing partial sell down in the future
* Rare opportunity to purchase a scarce, tightly held asset class
* Low maintenance investment

Management Agreement with ‘Care Park New Zealand Limited’ or available with Vacant Possession.

For Sale by Deadline Private Treaty closing Thursday 9th December 2021 at 4pm.

Comprehensive due diligence material is available at www.torystreetcarparks.cbreinvest.co.nz (please contact the nominated broker to arrange access to the Electronic Data Room).