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Gracefield

176 Gracefield Road, Gracefield, Lower Hutt

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4,510sqm Floor area
8,200sqm Land area SQM

Tender

Attention industrial investors


176 Gracefield Road comprises four high stud warehouse bays totalling 4,128sqm with multiple roller door entries; an adjoining, refurbished office block plus ample secure yard. The bricks and mortar are situated on a substantial land parcel of 8,200sqm giving the property an excellent underpinning of fundamental value.
Positioned in Wellington's preferred large industrial location, the property will be occupied by a well-established tenant on a brand-new long-term lease commencing September 2021 with automatic growth provisions built into the lease.
In a market where quality industrial investment opportunities are few and far between, this is an offering that be missed.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/176gracefieldroad

• Substantial, fully leased industrial investment
• New six-year lease
• Preferred Wellington industrial location
• Net return $480,000 + GST

Tender

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

11

Aug

Time4pm
Calander
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Ethan Hourigan

Ethan Hourigan


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

Richard Faisandier


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

Features

Investment


Substantial, fully leased industrial investment

Location


Preferred Wellington industrial location

Net income


Returning $480,000pa + GST

Tenancies


New six-year lease