High End Commercial Space Now Priced to Sell

18L Bower Avenue, New Brighton

$1,250,000

Property ID: NB3531

Technically impressive, aesthetically appealing. Commercial investment with multiple tenancies and income streams. Current owner will consider remodelling the internal spaces should the purchaser have specific requirements for their own business or venture.

A popular and well-established local hair salon occupies the ground floor space and is leased with rights of renewal. Like the rest of the building this has been repurposed in recent years with a modern fitout and pleasing d├ęcor. This business is a great anchor tenant which attracts local custom.

A purpose-built cryotherapy facility on the ground floor includes two state-of-the-art nitrogen-fuelled cryo chambers imported from Europe, and capable of subjecting the human body to temperatures as low as -120degC for its health benefits.

Upstairs office space is currently occupied by imported window and door joinery business as a showroom and business hub. Exclusive thermal and sound-blocked hardware for high-end applications is on show here and has also been used in the reconstruction of the building.

Two modern studio apartments are located on the upper level providing very comfortable on-site accommodation for personnel associated with the property's commercial ventures. In keeping with the current owner's 'no-compromise' mindset these are finished to a very high standard. These could be converted into office spaces if that was the purchaser's preference.

The owner is motivated to sell so contact the listing agent without delay.

Property Information

Property Type

Office, Other (On-site staff accommodation), Retail

Property Features

Construction date: 1980 / remodelled post quake
Seismic rating of property: 120% NBS
Fully operational cryotherapy clinic with liquid nitrogen plant
100A power feed
Exceptional finishing throughout
Licensed salon

Tenure

Cross-lease

Chattels remaining

Blinds, Fixed floor coverings, Light fittings, Rangehood, Burglar Alarm, Heat pump, Smoke Detector, Cooktop, Heated Towel Rail, Wall Oven, LED lighting, Individual alarms of each tenancy, Visual security system, Gas water califonts, TV screen, Sauna, Cryo chambers and plant, Washing machine, Induction cooktop, Microwave oven, Security gate, 5 heat pumps

Andrew Swift AREINZ
Andrew Swift AREINZ

P0800 538 766

M0274 319 621

Eandrew.swift@harcourtsgold.co.nz

Milena Bartlett
Milena Bartlett

P03 382 0043

M027 917 5191

Emilena.bartlett@harcourtsgold.co.nz