Upper Hutt
21/23 Princes Street, Upper Hutt, Upper Hutt
For Sale by Negotiation
Dual purpose potential
This two-level commercial building has a popular local cafe on the ground floor with the first floor occupied by a local law firm.
Being a corner site and having a service lane to the rear provides a guarantee of three sides of unimpeded natural light and rear access to the retail, seldom found but highly beneficial features.
The flexible lease terms on the first floor, and situation of the building will not just appeal to investors, but to developers looking at the potential for residential accommodation conversion.
This property offers a great opportunity for a wide range of investors or developers looking to capitalise on its high-profile location and/or the potential for residential conversion whilst the ground floor tenancy is occupied with a stable income stream.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/Unit21_23PrincesStreet
• Two level commercial building
• High profile corner site with additional service lane access
• Split risk two tenants on net leases
• Potential apartment conversion
Ethan Hourigan
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Christian Taylor
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Split risk two tenants on net leases
Opportunity
Potential apartment conversion
Amenities
Two level commercial building
Location
High profile corner site with additional service lane access
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