Petone
39 Victoria Street, Petone, Lower Hutt
+12
The quintessential Petone warehouse
This well positioned warehouse property is the ideal passive investment, with an excellent lease history and the current tenant with a six-year lease plus renewals. The property is a great mix of warehouse and office plus the benefit of four car parks in a very busy precinct.
Victoria Street is one of the most popular industrial streets in Petone and this property sits in its epi-centre backing onto Pak'nSave car park and just a few doors down from McDonalds.
This investment ticks all the boxes for a first-time investor, family trust or someone looking for a passive low-risk investment.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/39VictoriaStreet
• Well-positioned generic warehouse building
• Six-year lease plus renewals
• Net rental $92,000pa + GST - tenant pays outgoings
• Well-maintained buildings with four off-street car parks
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
Opportunity
Generic, quintessential Petone warehouse
Occupancy
Well leased - an excellent lease history, currently leased for 6 years from 2/23 plus renewals
Location
Great location, close to McDonalds and adjoining Pak'nSave
Rent review
Net rent $92,000pa + GST, tenant pays outgoings
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