Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Petone

10-12 Waione Street, Petone, Lower Hutt

Watchlist
Share
903sqm Land area SQM
989sqm Floor area
5 Offstreet

Massive Profile Great Investment


Located on arguably the Hutt Valley's busiest arterial road The Esplanade/Waione Street with convenient rear access and plentiful on-street parking to the rear on Marine Parade.

This two tenant, high stud industrial property ticks a lot of boxes for the astute investor, especially given the significant under rentedness of the Mikes Glass tenancy.

With a new 6 year lease to long standing tenant Brockelsby's and 26 months remaining on an expiring lease to Mikes Glass, the property may also appeal to a future owner occupier.

Either way the property is well presented, in a great location with an excellent leasing history. Definitely worth a look!

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/10_12WaioneStreet

• Fully leased, two tenancies
• Two street frontages
• Seismic 70% NBS
• Potential net rental $152,716 + GST

Auction

Level 14, The Bayleys Building, 36 Brandon Street, Wellington, 6011

7
Dec

Time11am
Calander
Calendar
Andrew Smith (Wellington Commercial)

Andrew Smith (Wellington Commercial)

Commercial and Industrial Sales and Leasing

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

Features

Prime frontage


30,000+ cars passing per day

Accessibility


Two street frontages. Vehicle access to the rear

Add value


No.12 under-rented, expiring lease.

Seismic (NBS rating)


70% NBS (New Building Standard)