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Petone

70-80 Fitzherbert Street, Petone, Lower Hutt

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919sqm Floor area
1,268sqm Land area SQM

Auction

Fully leased - industrial investment


Majority leased to national tenant NXP Limited and positioned in one of Wellington's most sought-after locations. This multi-tenanted industrial property constructed in 2004 sits on a prime corner site and is now being offered to the open market for the first time by way of auction.
The property is configured into four main tenancies with three tenants recently commencing new three-year lease terms at current market rentals.
An attractive modern split-risk investment in one of the most high-demand
locations in Wellington.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/70_80fitzherbertstreet

• Net income of approximately $153,008pa + GST
• 75% NBS rating
• Constructed in 2004/first time on the market
• Multi-tenancy
• Quality tenants

Auction

Level 14, The Bayleys Building, 36 Brandon Street, Wellington

12

Aug

Time11am
Calander
Calendar
Christian Taylor

Christian Taylor


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

Features

Features


Constructed in 2004/first time on the market

NBS


75% NBS rating

Net income


Approximately $154,505pa + GST

Tenancy


Multi-tenancy / Quality tenants