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Petone

65-69 Nelson Street, Petone, Lower Hutt

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953sqm Floor area

Auction

This cannot be duplicated


On the market for the first time since 1988! With vacancy rates at an all-time low and positioned in the regions preferred small business location, the options to add value are too numerous to list.

However, they should include; sell down as individual units, retain one or more to occupy yourself, lease up and hold, etc, etc.

One building, four units, each with its own Title.

Part leased, part vacant, this property has a potential net income of $150,000 + GST and with a seismic rating of 85%, represents a very special opportunity for the astute investor.

While in need of some TLC here and there, the property has an excellent leasing history and has room for growth, or the opportunity for you to part occupy.

Located on one of the most popular streets in Petone, this truly is an opportunity not to be missed.

- Four individually titled warehouses
- 85% NBS
- Potential net rental $150,000 + GST
- Add value and retain, or
- sell down and make money

For further information or to obtain a copy of the supplementary documents, visit www.propertyfiles.co.nz/property/3252159

Auction

7

Mar

Time11am
Calander
Calendar
Paul Cudby

Paul Cudby


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Andrew Smith (Wellington Commercial)

Andrew Smith (Wellington Commercial)


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

Features

Add value and retain


or sell down and make money

Potential net rental


$150,000 + GST

Seismic rating


85% NBS

What is it?


4 individually titled warehouse units