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
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
Key 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
