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Petone

40 Bouverie Street, Petone, Lower Hutt

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8,700sqm Land area SQM
3,684sqm Floor area
55 Offstreet

Two frontages, four tenancies, endless upside


A genuine landmark opportunity in Wellington's fastest-growing commercial precinct.

Set on a prominent corner with dual north and west-facing frontages, the property offers 8,700sqm of General Business-zoned land and 3,684sqm of versatile improvements arranged across four distinct buildings.

Two tenancies - including national operators Plumbing World and Humes Pipes - provide reliable holding income, while two vacant present immediate scope for repositioning, owner occupation or redevelopment under the zone's generous 22-metre height limit.

Surrounded by Mitre 10 Mega, Gilmours and Petone's destination retail, this property will reward add-value investors, land bankers and developers alike.

Opportunities of this scale and flexibility rarely surface.

Inspect to assess the full holding income and redevelopment story.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/40bouveriestreet

• 8,700sqm land area
• 2 national anchor tenants
• 2 vacancies
• Prime Petone location opposite Mitre 10 Mega

Tender

Level 14, 36 Brandon Street, Wellington

24
Jun

Time4pm
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Paul Cudby

Paul Cudby

Commercial and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Ethan Hourigan

Ethan Hourigan

Commercial Sales and Leasing

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

Features

Anchor tenants


Humes Pipes & Plumbing World

Occupancy


Part leased, part vacant

Land area breakdown


8,700sqm

Location


Prime Petone directly opposite Mitre 10 Mega

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