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Crown Commercial Ltd, (Licensed: REAA 2008)

44 Ihakara Street, Paraparaumu

Price by negotiation

Listing Description

Listed: Thu, 24 Nov

Future Proof Kapiti Investment Property

44 Ihakara Street, Paraparaumu, Kapiti Coast, Wellington

Price by negotiation

Details

  •   1175m² Floor
  •   2034m² Land
AttributeValue
Property use
Office
Viewing instructions
By appointment only
Parking
Secured and off-street
Property ID#
HYY258

Description

Here is your chance to own one of the best commercial investment opportunities available in the fast-growing Kapiti region.

This building comes with a brand new 9-year lease (plus 3x3yrs rights of renewal), to the Ministry of Education as the majority tenant and who have now moved into the property. This tenancy will also come equipped with a brand-new fit out and secured, fully-fenced parking. With three other quality tenants, including a very well-established accountancy firm and research lab, you will take comfort in knowing your building comes with secure long term tenants and is a relatively passive investment.

Located only a short five-minute walk to Coastlands Shopping Centre and all the main amenities in the heart of Paraparaumu, it is well positioned and offers a 100% NBS rating. With Transmission Gully open and the extra growth that is adding to the region, along with a severe lack of commercial property available in the area, this will be an excellent long-term hold.

Call Sean Windle today for more information or to discuss further.


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Sean Windle

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Crown Commercial Ltd, (Licensed: REAA 2008)

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