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Paraparaumu

58 Ruahine Street, Paraparaumu, Kāpiti Coast

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1.11 ha Land area SQM
1,230sqm Floor area
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Industrial asset backed by quality covenant


This is a strategic industrial investment offers scale, income, and long-term potential. Set on a substantial 11,149sqm freehold site, the property comprises a 1,230sqm building returning $245,163pa + GST + outgoings annually, with a fixed rental uplift in 2026 providing future income growth.

Anchored by a strong tenant covenant, a reputable long-term occupant with an established trading history, this is a dependable asset for passive or add-value investors alike.

Sound property fundamentals support the investment case. This includes a high seismic rating and a highly functional mix of warehouse, yard, and office spaces, enhancing leasing flexibility into the future.

Don't miss this opportunity to secure a quality industrial investment with scale, income, and long-term upside in a high-growth location.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/58ruahinestreet

• Net rental $245,163pa + GST
• Strong Tenant Covenant in place
• Functional warehouse/yard/office configuration

Tender

Level 14, 36 Brandon Street, Wellington

13
Aug

Time4pm
Calander
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Johnny Curtis

Johnny Curtis

Commercial and Retail Sales and Leasing

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

Fraser Press

Commercial, Industrial and Retail Sales and Leasing

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

Simon Butler

Commercial and Industrial Sales and Leasing

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

Features

Floor area details


1,230sqm Building

Passing income


Net Income $245,163pa + GST

Seismic (NBS rating)


100 % Of New Building Standard (2016 Report)

Land area breakdown


1,149sqm

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Property files

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