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38-44 King St 5,871 SF Office Condo Unit Offered at $3,370,498 CAD in Manchester M2 6BA
INVESTMENT HIGHLIGHTS
- Great location
- Secure shared cycle storage
- Public transport access
EXECUTIVE SUMMARY
40 King Street is a 5,871sqft Investment property located in Manchester City Centre.
PROPERTY FACTS
| Total Building Size | 22,913 SF | Floors | 4 |
| Property Type | Office (Condo) | Typical Floor Size | 2,619 SF |
| Building Class | B | Year Built | 1920 |
| Total Building Size | 22,913 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 2,619 SF |
| Year Built | 1920 |
AMENITIES
- Atrium
- Controlled Access
- Security System
- Signage
- Skylights
- Storage Space
- Natural Light
- Open-Plan
- Air Conditioning
1 UNIT AVAILABLE
Unit 40
| Unit Size | 5,871 SF | Sale Type | Investment |
| Price | $3,370,498 CAD | Tenure | Long Leasehold |
| Price Per SF | $574.09 CAD | Cap Rate | 8.00% |
| Condo Use | Office | NOI | $269,639.86 CAD |
| Unit Size | 5,871 SF |
| Price | $3,370,498 CAD |
| Price Per SF | $574.09 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.00% |
| NOI | $269,639.86 CAD |
DESCRIPTION
The property comprises a period property arranged over 1st, 2nd and 3rd floors with self-contained access at ground floor level on King Street.
SALE NOTES
The building is split to provide 6 high quality office suites spread across three levels, with a large central atrium which provides the ‘Secret Garden’ communal
lounge / meeting spaces and private work / meeting area. The atrium has a new natural ventilation system which brings fresh air into the building
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38-44 King St
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