2 Vogel Street, Naenae, Lower Hutt

9 Year Lease to Government Tenant

• Gross rental $170,820 + GST pa
• Term remaining on lease 9 years
• Government tenant
• Great bottom draw investment
• New fitout and infrastructure

The 936sqm building is centrally located in the Naenae shopping district and has dual access with car parking front and rear of the building.

The Ministry of Social Development has been a long term tenant that has occupied the building since 2005 and have just taken a right of renewal for the further 9 years. (Current tenure expires 4th February 2029). The building will under go a significant new fitout by the tenant with a upgrade of lighting and air conditioning undertaken by the current owner.

To obtain copies of all supplementary documents please register your details at
www.propertyfiles.co.nz/property/2vogelstreet