Your new restaurant?
Positioned in the heart of Hutt Central, this property presents an exceptional chance to secure a versatile two-storey hospitality and office building offered with vacant possession.
Comprising a generous total floor area of approximately 792sqm, the ground floor features a fully fitted restaurant, ready for immediate operation.
Above, the first floor offers a substantial blank canvas, ideally suited to residential conversion adding genuine upside for astute purchasers.
The property benefits from practical rear access via a service lane, enhancing operational efficiency and future flexibility.
The existing restaurant fitout may also be acquired by negotiation, allowing buyers to tailor the offering to their vision.
A rare opportunity to secure scale, flexibility, and future potential in a tightly held central location.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/190highstreet
• Hospitality plus residential conversion potential
• Selling vacant possession
• Restaurant fitout available by negotiation
• Potential net income $146,879 pa + GST
Comprising a generous total floor area of approximately 792sqm, the ground floor features a fully fitted restaurant, ready for immediate operation.
Above, the first floor offers a substantial blank canvas, ideally suited to residential conversion adding genuine upside for astute purchasers.
The property benefits from practical rear access via a service lane, enhancing operational efficiency and future flexibility.
The existing restaurant fitout may also be acquired by negotiation, allowing buyers to tailor the offering to their vision.
A rare opportunity to secure scale, flexibility, and future potential in a tightly held central location.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/190highstreet
• Hospitality plus residential conversion potential
• Selling vacant possession
• Restaurant fitout available by negotiation
• Potential net income $146,879 pa + GST
Key features
Location
Prime central Lower Hutt
Opportunity
Own and run the restaurant or do a complete conversion
Seismic (NBS rating)
93% NBS (as at 2020)
Occupancy
Selling vacant possession
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.