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Wellington Central

129 Thorndon Quay, Wellington Central, Wellington

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524sqm Land area SQM
500sqm Floor area
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Lightening-hot investment


Attention passive investors, this property ticks all the boxes for you as a bottom draw strategic investment.
The tenant Lighting Direct has been in business for over 47 years, has 24 outlets
nationwide.
A new ten year lease, add in annual growth and you have an investment well deserving of being in the spotlight on centre stage. Thorndon Quay is the golden mile to home and living stores, making it perfect for this tenant and as a passive investment.

To obtain copies of all supplementary documents please register your details at
www.propertyfiles.co.nz/129ThorndonQuay

• New 10 year lease from October 2020 to Lighting Direct
• Net income of $165,375pa + GST
• Annual rental increases plus market reviews
• A smart generic showroom that was refurbished and strengthening to 80% NBS in 2014

Tender

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

7
Jul

Time4pm
Calander
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Fraser Press

Fraser Press


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

Features

Market Reviews


Annual rental increases plus market reviews

Net Rental


$165,375 + GST and outgoings

Presentations


Fully rebuilt and re-strengthening in 2014 to 80%

Term of Lease


10 years from 2020