14-16 Makaro Street, Porirua, Porirua City

Wellington's pre-eminent industrial investment

Seldom does the opportunity arise to acquire a substantial modern industrial investment in one of Wellington's fastest growing areas.
Completed in 2011 to Downer EDI's specifications this industrial property is very desirable with an 11 year WALT, full net lease (including management) and built in growth (minimum 3% p.a.) - it's one for the bottom draw.
The property is Downer EDI's main Wellington office and depot servicing the Lower North Island.
The tenant covenant of Downer EDI is substantial being listed on both the New Zealand and Australia stock exchanges and employ over 52,000 people.
Please do not hesitate to contact either Grant or Mark for further information or to arrange a viewing of the property.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/makarostreet

• Robust tenant covenant - Downers EDI publicly listed on NZX and ASX
• 11 year WALT - secure cashflow for the long term $1,757,786pa
• Built in rental growth - Guaranteed rental growth
• A Grade seismic rating - for peace of mind
• Growth location - Adjacent to Transmission Gully off ramp