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Petone

39 Victoria Street, Petone, Lower Hutt

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494sqm Land area SQM
513sqm Floor area
4 Offstreet

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

Auction

Level 14, 36 Brandon Street, Wellington

22
May

Time11am
Calander
Calendar
Mark Sherlock

Mark Sherlock

Commercial and Industrial Sales

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

Liam Sherlock

Commercial Sales

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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