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Silverstream

16-18 Whitemans Road, Silverstream, Upper Hutt

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5,610sqm Land area SQM
2,340sqm Floor area
54 Offstreet
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Suburban investing at its best


Silverstream Village is a medical and retail complex which offers a prime investment opportunity with a reliable income stream from 12 diverse leases. Key tenants include Silverstream Medical, Silverstream Pharmacy, Physiotherapy, Lumino Dentist, and a Beautician, ensuring stability and community appeal.

As a cornerstone amenity in Silverstream and surrounding lifestyle suburbs, the complex enjoys popularity with no historical vacancies, evidenced by long-standing established tenants.

All leases are net leases set at competitive rates, providing affordability and security against rising outgoing expenses.

Investment opportunities like this are rare, making this a compelling opportunity with significant upside in a prominent location.

• Fully leased service retail complex
• 12 different income streams
• NBS rating of 73% (DSA 2021)
• Anchor tenants all health related
• Net income of approximately $590,440pa + GST

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/16_18WhitemansRoad

Key features


Anchor tenants

Silverstream Medical Pharmacy and Lumino Dentist

Lease

12 tenants on net leases

Passing income

Net income approx. $590,440pa + GST

Seismic (NBS rating)

73% NBS DSA 2021