40 and 56 Parkside Road, Gracefield, Lower Hutt

Data centre plus land for sale

This unique offering combines secure investment income with significant future development potential, making it an ideal acquisition for astute investors.

Part One: A substantial 1,500sqm (approximately), two-storey office and data storage facility, purpose-built and well-maintained. The property includes 15 on-site car parks and is leased to One NZ under a brand new five-year net lease with further rights of renewal - delivering long-term, reliable income backed by a bluechip tenant.

Part Two: A 517sqm parcel of land, offered with vacant possession, prominently located on the corner of Hutt Park Road and Parkside Road. This standalone site presents flexibility and future upside in a high-profile position.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/40and56parksideroad

• A-grade tenant covenant
• New five-year net leaseback
• Fixed annual rental growth
• Net income of $277,309pa + GST