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Porirua

7 Kapuni Grove, Porirua, Porirua City

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1,668sqm Floor area
5,839sqm Land area SQM

Tender

Large industrial with huge potential


Built in the 1980's as six high stud industrial units of varying sizes each unit benefits from a basic two-level office and amenity block. All units feature ample yard areas and car parking.
There is substantial scope to add value to the property by;
• Securing longer term leases
• Adjusting income to better reflect market rentals
• Developing the approximately 500sqm building site at the rear of the property (consent for two x 237.5sqm units has been granted and is available on request).
The property can be sold as one or as individual units. The choice is yours.
To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/7kapunigrove

• ONE large industrial building
• Comprising SIX individual unit titles
• Fully leased by THREE tenants
• Building consent granted for a further TWO warehouse units
• Current net rental only $116,468pa + GST

Tender

Level 14, The Bayleys Building, 36 Brandon Street, Wellington

2

Jun

Time4pm
Calander
Calendar
Andrew Smith (Wellington Commercial)

Andrew Smith (Wellington Commercial)


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

Features

Add value


Improve lease term and rentals

Future development


Consent for two more units already granted

Location


Easy access to Motorway

Versatile investment


Six industrial units with large yard areas