32 Sydney Street, Petone, Lower Hutt

Affordable Petone investment

32 Sydney represents an excellent opportunity to secure a passive, industrial investment in a premier location.

This medium stud building has been well maintained under its current long term ownership and fit for purpose for warehousing and distribution.

The national Tenant, USL Multistrut are suppliers of cable management, support and bracing systems for the construction and service industries and have occupied the property for decades.

USL Multistrut have secured their future in the property by entering into a new 6-year lease, making this an excellent, but affordable investment opportunity.

Looking for a fit for purpose investment to tuck away then look no further!

To register your interest and access the supplementary documents for this property follow the link below:
https://propertyfiles.co.nz/property/32SydneyStreet_TP4

• What is it? Fit for purpose warehouse
• Where is it? Popular central Petone
• Leased or vacant? Long standing tenant has taken a new 6-year lease
• What does it return? $55,366pa net + GST