29 Parkway, Wainuiomata, Lower Hutt

Attention yield chasers

Forget the historically low industrial yields that are being achieved nationwide! Here is your chance to purchase a multi-tenanted fully leased industrial property at a yield that will make you smile. The current owners have invested significantly and all the major works are complete. The income is generated from nine tenants of which all will have invested into their tenancies. These features add to make this opportunity one to seriously consider. Located only five to seven minutes from Seaview (Wellington's prominent industrial hub). This property offers generic warehouse and storage options of all sizes leased to well balanced and established tenants. Approximately 30% of the property is leased to a national storage operator (Total Storage) on a long-term lease with the balance leased to a range of local and national businesses. Wainuiomata is a thriving suburb and properties like this support that.
To obtain copies of all supplementary documents please register your details at
www.propertyfiles.co.nz/29Parkway

• Fully-leased industrial investment
• Over 8,800sqm of building occupied by 9 tenancies
• Dual street entry
• Net income of approximately $638,000 + GST pa with rental upside
• 67% NBS