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Wellington Central

19B Jamaica Drive, Wellington Central, Wellington

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508sqm Floor area

Auction

Occupy or Invest


This freehold property presents a great opportunity for both owner occupiers and investors. The long-standing tenants are on an expiring lease so the new owner could renegotiate with the tenants or move in themselves by end of the third quarter.

The property is located in Grenada North which is one of Wellington's most sought-after industrial location. The current vacancy rate in the area is only 2.8% so this really is a rare find. The property is a generic high stud warehouse with supplementary office and mezzanine and a convenient yard space.

Property Details
Warehouse - 428sqm
Offices - 40sqm
Mezzanine - 40sqm
Land Area - 819sqm

For further information or to arrange an inspection contact Matt or Fraser.

Auction

29

Jun

Time11am
Calander
Calendar
Fraser Press

Fraser Press


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Current lease


Expiring lease to Presentation Solutions Limited

Location


Tightly held Grenada North industrial precinct

Options


Occupy in a few months or negotiate lease

Potential rental


$70,000 pa + GST