4-10 Mohuia Crescent, Porirua, Porirua City

An industrial goldmine - 27,624sqm site!

One of Wellington's last large prime industrial sites ripe for redevelopment with a net income of approx. $1,003,973pa rising to $1,080,761pa this September.
Totalling 27,624sqm this flat bench of land has a very wide frontage, multiple vehicle access points and views north over Porirua.
With six buildings totalling 14,000sqm there are multiple options to redevelop the site in stages and the anchor tenant would consider a long term lease in a remodelled building.
Porirua is undergoing an industrial transformation as tenants appreciate its easy access to SH1 with Transmission Gully so close.
Adjacent The Works Elsdon $40m industrial complex under construction.
This is an opportunity that will never likely be repeated in the future.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/4to10mohuiacrescent

• 27,624sqm (6.9 acres) of flat prime industrial land
• Ripe for add value/redevelopment with significant cashflow
• 14,000sqm of buildings plus yard
• Growth location with easy access to SH1 via new Porirua on ramp
• Tenants include Noel Leeming, Aspiring Walls, Total Towing