Gracefield
131 Gracefield Road, Gracefield, Lower Hutt
+14
Internationally owned tenant on renewed lease
An exceptional industrial investment opportunity positioned in Wellington's highly sought-after Seaview industrial precinct. This substantial asset offers secure income, fully leased to Groenz Ltd, a subsidiary of global foodservice powerhouse Golden
State Foods. The tenant has successfully operated from the property for over 30 years, underscoring the strength and stability of the covenant.
The well-presented property comprises a 2,532sqm industrial facility situated on a generous 3,527sqm freehold site. Key features include dual access points, extensive on-site car parking, and a secure yard area. The building benefits from significant tenant investment, operating as an export-grade food production facility, complemented by modern office accommodation and staff amenities.
This is a high-quality industrial investment underpinned by a blue-chip tenant, strong fundamentals, and a prime position within Wellington's established and tightly held Seaview industrial market.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/131gracefieldstreet
• $360,000pa + GST net income
• Tenant has occupied site for 30 plus years
• Substantial building with good carparking
• Popular industrial location
Mark Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Liam Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Leased to Groenz Ltd on a renewed lease for $360,000pa net
Opportunity
A substantial investment for a passive investor looking for a top quality property and tenant
Location
Located on Gracefield Rd in the popular Seaview industrial precinct
Land area breakdown
A 3,527sqm site with dual street access
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