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Central Hutt

96 - 100 Queens Drive, Central Hutt, Lower Hutt

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105sqm Floor area

For Sale by Negotiation

Cheaper than a ressie rental


Strategically located on the intersection of Queens Drive and Bunny Street.
Important as the busiest pedestrian/vehicle intersection in the Hutt, directly opposite the main pedestrian entrance to the Queensgate Shopping Mall, and location of the Hutt Valleys bus transport hub.
The property checks off the fundamentals, being strengthened to in excess of 70%NBS, with good leases to established tenants and personal guarantees plus it has an excellent leasing history.
As tax deductibility comes under attack for residential investments, opportunities of this nature are an obvious alternative but are in short supply. Add the fact that deposit interest rates are at an all time low and this is property not to be overlooked.

To obtain copies of all supplementary documents please register your details at
https://www.propertyfiles.co.nz/property/96to100queensdrive


• Comes with the benefit of full tax deductibility
• Strengthened to in excess of 70% NBS
• Leased to established tenants with personal guarantees
• Current net rental $43,040pa + GST

Andrew Smith (Wellington Commercial)

Andrew Smith (Wellington Commercial)


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

Paul Cudby


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

Features

Current net rental


$43,040pa + GST

Features


Comes with the benefit of full tax deductibility

Strengthened


to in excess of 70% NBS

Tenancy


Leased to established tenants with personal guarantees