Large industrial with huge potential


7 Kapuni Grove, Porirua

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Large industrial with huge potential | 7 Kapuni Grove, Porirua | 3253758 |      X Close
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Large industrial with huge potential


Built in the 1980's as six high stud industrial units of varying sizes each unit benefits from a basic two-level office and amenity block. All units feature ample yard areas and car parking.

There is substantial scope to add value to the property by;

• Securing longer term leases

• Adjusting income to better reflect market rentals

• Developing the approximately 500sqm building site at the rear of the property (consent for two x 237.5sqm units has been granted and is available on request).

The property can be sold as one or as individual units. The choice is yours.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/7kapunigrove

• ONE large industrial building

• Comprising SIX individual unit titles

• Fully leased by THREE tenants

• Building consent granted for a further TWO warehouse units

• Current net rental only $116,468pa + GST