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Tawa

92-96 Main Road and 14 Tawa Street, Tawa, Wellington

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4,133sqm Floor area
6,247sqm Land area SQM

Tender

Core industrial investment


This is a unique opportunity to invest in premier industrial property leased to a well-established and recognised national tenant Aquaheat.

Aquaheat is one of the largest HVAC / mechanical contractors in New Zealand, specialising in the supply, installation, commissioning and maintenance of HVAC / mechanical services. The property is made up of a functional mix of office, manufacturing, yard, and storage areas.

This property has had the benefited from a proactive landlord and has been maintained to a high standard. With three buildings all strengthened to 67% plus NBS, this collection of titles is being sold as one parcel, giving the new owner the ability to capitalise on the current healthy net income and lease term (approx. 5 .75 years remaining with rights of renewal) while retaining the possibility of subdivision when the time is right.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/92to96mainroad

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/92to96mainroad

• Well established national tenant
• Plus 67% NBS
• Built-in rental growth
• Current net income $485,000

Tender

Level 14, 36 Brandon Street, Wellington

16

Mar

Time4pm
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Fraser Press

Fraser Press


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

Simon Butler


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

Features

Growth


Built-in rental growth

NBS


Plus 67%

Quality


Maintained to a high quality with recent refurbishment

Tenancy


Well established national tenant