Opportunity to purchase


87 Port Road, Seaview

By Negotiation

Download Email
Opportunity to purchase | 87 Port Road, Seaview | 3253539 |      X Close
Image
Description

Opportunity to purchase


Located in Wellingtons main industrial precinct Seaview this generic warehouse is available to purchase. The warehouse has the potential to be sub-divided into four main tenancies with the following vacant tenancy options 800sqm - 1,775sqm and 2,626sqm currently being marketed for lease. There is also the option to lease out or occupy the remaining vacancy as one tenancy of 5,201sqm.

The building has been upgraded and consistently maintained through the replacement of roofing and skylights as well as tenant specific fit-outs being actively managed by the landlord since ownership began. Seismic upgrading has also taken place with the final work completed giving the property an overall NBS Rating of 70%.

The building was constructed in two stages from 1960 to 1975. Consisting of concrete floor foundations, steel portal framing with steel roofing and steel cladding throughout. The stud height ranges from approximately 4.40m to 6.20m with a full fire sprinkler system installed and operational. The property has been configured into three main tenancies over the last decade with the corner two level office block located at the south end of the property sub-divided an sold back to the existing tenant in 2018. Current tenants Project Stainless Limited and a Vodafone Satellite Tower remain in place on favourable lease terms.

87 Port Road, Seaview

Open in map