168 Main Street, Upper Hutt, Upper Hutt

7.5% Yield proposition

This multi-tenant investment building has been strengthened and upgraded and is home to 5 retail tenants, 2 apartments, a personal training studio, and 12 carparks.

The property occupies a premium corner in the best position on Upper Hutt's main street and enjoys 3 street frontages. This well-performing asset nets circa $300,000pa from established tenants including 2 international brands.

Upper Hutt has benefitted from a significant population upswing and a housing boom over the past decade. Add to that the upside for satellite commercial areas of the 'work from home' wave and it makes sense that the Upper Hutt's town centre is busy and noticeable more vibrant.
Features include
• Multi-tenant investment with excellent spread of risk
• Strengthened and refurbished buildings
• Prime corner location with 3 frontages
• Net rental circa $300,000
• Westpac Building Upper Hutt

Our retiring vendor is realistic, so present your offer

To obtain the information memorandum please register your details at
https://www.propertyfiles.co.nz/168mainstreet_TP2