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Gracefield

182 Gracefield Road, Gracefield, Lower Hutt

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280sqm Floor area
639sqm Land area SQM
4 Offstreet

Auction

Workshop and lockup with expiring leases


The rarest of opportunities knocks in the form of this high stud, fully functional workshop with adjoining lockup and yard.
Located close to the foot of the Eastern Hills in popular Gracefield provides easy access to all sectors of the Greater Wellington region.
Recently strengthened to 70% of New Building Standard (NBS), this is a property which ticks a lot of boxes.
The cornerstone tenant would like to stay, creating an opportunity for the investor to lock in a new lease, or an owner occupier to secure their own premises.
For the more adventurous, the lean to, lockup and rear yard provide potential to increase the workshop size by about 225sqm.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/182gracefieldroad

• Floor area 280sqm plus 295sqm yard
• Seismic rating 70% of NBS
• Leases expiring 30 November 2024
• Potential net rental $60,212pa + GST

Auction

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

24

Apr

Time11am
Calander
Calendar
Paul Cudby

Paul Cudby

Commercial, Industrial and Retail Sales and Leasing

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

Ethan Hourigan

Commercial Sales and Leasing

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

Features

Occupancy


Leases expiring 30 November 2024

Seismic (NBS rating)


70%

Floor area details


280sqm plus 295sqm yard

Opportunity


Potential net rental $60,212pa + GST