Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

An Investment Opportunity Worth Hearing About

Media release for immediate use – October 13 2009

An Investment Opportunity Worth Hearing About


An investment property, fully refurbished for the tenant’s use, is about to go to auction.

Triton Hearing Clinics, a national chain of clinics offering hearing testing, hearing aids and other hearing related services, has fully refurbished its newest premises at 187 Colombo Street.

Group General Manager Graeme Dodd says the Cashmere clinic now has the sound-proofing in windows, floors, doors, walls and ceilings it needs to enable accurate hearing testing in all the rooms. He says the building is complete and ready for auction next month – but Triton is not going anywhere, with a six-year lease in place for the buyer.

Simes marketing agent Rob Logie says the building is beautifully refurbished to suit Triton’s specific needs and is an immaculately prepared building in a popular suburb, with a dedicated tenant planning to stay on.

“It is an ideal situation for everyone,” he says. “Triton is a national company with a 20 year history in the industry and substantial backing. It has clinics in a number of areas through the country providing important services for people with hearing issues. Triton acquired the Colombo Street clinic for its fantastic location, but owning property isn’t Triton’s core business.”

“The refurbishment of the house into what is essentially a medical type of centre has been designed with the clinic’s specific needs in mind.”

The property at 187 Colombo Street is 779m2, rectangular in shape with an easterly aspect to Colombo Street. There is an approximate frontage of 15.93 metres with a depth of 48.90 metres. There is a total lettable area of 184m2, together with 11 on-site car parks, including a disabled park.

It has a six-year lease from 1 November 2009 at $49,360.00 per annum plus GST plus outgoings.

The property is to be sold by Auction Friday 6th November 2009 (unless sold prior).

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Hospitality NZ: Hospitality Wages Jump 9% To Pass Living Wage
Wages and salaries across the hospitality sector continue to increase despite businesses having to battle through some of the toughest trading periods in living memory... More>>



Climate Leaders Coalition: Launches New Statement Of Ambition, Appoints New CEO Convenor

The Climate Leaders Coalition is tonight officially launching a new Statement of Ambition to accelerate business action on climate change... More>>


Retail: New Law Paves Way For Greater Supermarket Competition

Legislation that bans major supermarkets from blocking their competitors’ access to land to set up new stores paves the way for greater competition in the sector, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>



MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>



Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>