9-11 Ratanui Street, Henderson, Auckland

9-11 Ratanui Street presents a substantial freehold office investment in the heart of Henderson, fully leased to the Ministry of Justice on a new eight-year term from April 2025. Occupying a prominent position within the Metropolitan Centre Zone, the property comprises a 3,356sqm office complex on a 1,981sqm freehold site, generating a net rental income of $865,989 per annum plus GST.Originally developed as the Waitākere District Court, the property has undergone extensive refurbishment and capital upgrades in recent years, including a new roof, new chiller plant, upgraded amenities and comprehensive building services improvements. These works have significantly enhanced the asset's condition while reducing future maintenance requirements.With a strong government covenant, fixed annual rental growth and substantial recent investment in the building, 9-11 Ratanui Street offers investors secure income backed by a well-maintained and future-focused asset.Key FeaturesFreehold site of 1,981sqm (more or less)3,356sqm office building with 26 on-site car parksFully leased to the Ministry of JusticeNew 8-year lease commencing 1 April 2025Net rental income of $865,989 p.a. + GSTFixed 2% annual rental increasesMetropolitan Centre ZoneExtensive recent capital works completedNew roof and chiller plant installedRefurbished asset with reduced maintenance profileFor more information or to arrange a viewing, contact the brokers today.Caroline Cornish021 390 759Nelson Raines021 555 673Michael van der Putten021 055 1049 Features: Freehold site of 1,981sqm (approx)3,356sqm office building with 26 on-site car parksNew roof and chiller plant installedNew 8-year lease Net rental income of $865,989 p.a. + GSTFixed 2% annual rental increasesMetropolitan Centre Zone More information: https://www.colliers.co.nz/p-NZL67041808