Central Hutt
252-256 High Street, Central Hutt, Lower Hutt
+13
Profile corner with income and upside
Positioned on a prominent 524sqm corner site in the heart of Lower Hutt, this property presents a compelling add-value investment opportunity.
The property comprises a 210sqm standalone building with excellent street frontage and profile to passing traffic.
Currently leased to The South African Pantry, the holding income provides flexibility for investors considering their future options.
The site benefits from dual street exposure and convenient access, complemented by 10 on-site car parks - a rare advantage in this tightly held commercial precinct.
High-profile corner locations of this scale are seldom available.
Secure an affordable entry-level opportunity with upside in a proven Lower Hutt retail corridor.
To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/252-256highstreet
• High profile CBD corner site
• Develop or hold for the return
• Leased short term for holding income
• Current net rental $72,280pa + GST
Paul Cudby
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Walker
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Lower Hutt CBD
Exposure
High profile corner site
Opportunity
Continue leasing or develop
Passing income
$72,820pa net + GST
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