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Petone

320-326 Jackson Street, Petone, Lower Hutt

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780sqm Floor area
663sqm Land area SQM

Auction

Petone mixed use investment


This wonderful example of period architecture has been well-maintained and a number of the tenants are long standing.
Situated on a prominent corner site, this two storey character building comprises three ground floor retail tenancies and five flats with parking behind.
With the exception of one flat, the property is fully leased but with significant potential upside in the rents.
The property has a current net rental of $88,879pa net + GST with potential growth to $158,917pa net + GST once fully leased and current rentals are reviewed.
This is a true Petone standalone with that sought after combination of scale and upside you should not miss!

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/320to326jacksonstreet

• Substantial corner building
• Character zone, Jackson Street, Petone
• 3 commercial, 5 flats, one flat vacant
• $88,879pa net + GST with potential growth to $158,917pa net + GST

Auction

23

Sep

Time11am
Calander
Calendar
Paul Cudby

Paul Cudby


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

Fraser Press


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

Features

How many tenancies?


3 commercial, 5 flats, one flat vacant

What is it?


Substantial corner building

What is the return?


$88,879pa net + GST with potential growth to $158,917pa net + GST

Where is it?


Character zone, Jackson Street, Petone