22 Webb Street, Te Aro, Wellington

Rare Te Aro industrial - first time in 40 years

A rare Te Aro industrial opportunity, this long-held property is offered to the market for the first time in 40 years.

Positioned in a sought-after central city location, it will appeal to owner-occupiers, investors, and those seeking a strategic inner-city foothold.

The property comprises approximately 575sqm of total floor area over the ground and first floor, set on a 356sqm land parcel. The current ground floor tenancies are on a monthly basis, providing flexibility for buyers looking to occupy, reconfigure, or secure income in the short term. The first floor is leased to a longstanding tenant.

The current net income is $52,432 pa.

Off-street undercover parking for four vehicles adds further value in this highly accessible and tightly held precinct.

Opportunities of this nature in Te Aro are seldom available. A strategic property with flexibility, location, and future potential.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/22webbstreet

• First time on the market in 40 years
• Approx. 575sqm total floor area over two levels
• 356sqm land area
• Ground floor tenants on a monthly basis
• Off-street undercover parking for 4 cars