186-188 High Street, Central Hutt, Lower Hutt

High Street Retail: Elevating Value Proposition

This iconic central Hutt retail property is now available for sale with vacant possession or holding income tenants.
Move your business here and enjoy the ready to go high-quality existing fit out ,or reconfigure with the option of two smaller retail tenancies. Located in the centre of High Street providing excellent profile to pedestrian and passing traffic.

Currently tenanted to 'She Preloved' and an additional smaller tenancy at the rear, this property offers a good holding tenancy for any prospective purchaser wanting to add value, re-develop or to use as an owner occupier. The current holding gross rent is circa $70,000 plus GST per annum.

With close proximity to the Queensgate Shopping Centre and with the existing re-development of surrounding properties to include residential above, which will further enhance the retail precinct and the potential to add residential above. The rear access and parking is serviced by a vehicle lane off Queens Drive.

If you're ready to inspect - Call Richard or Bhakti to arrange

To obtain copies of all supplementary documents please register your details at:
https://www.propertyfiles.co.nz/property/186-188HighStreetHuttCentral

• Add value proposition
• Vacant possession or with holding income tenants
• Own and occupy or lease
• Potential for residential above - split risk investment