Whole Building/56 Victoria Street, Alicetown, Lower Hutt, Wellington

MC Property Group are pleased to offer for sale 56 Victoria Street, Alicetown. Lower Hutt.

With bank deposit rates falling, now is the time to consider a higher yielding property investment with secure income from an established, long term tenant. Situated on one of the busiest commuter routes to and from the CBD of Lower Hutt, this freehold property sits on 946 sqm of land, and consists of:

• Warehouse 679.3 sqm
• Office/Reception/Amenities 132.1 sqm
• Mezzanine storage 132.1 sqm

Total NLA 943 sqm (more or less) with 5 on site car parks. The long standing tenant has recently taken to a new 6 year "Net" lease, with a further right of renewal. Commencing 1 May 2025, at a market rent of $133,362.11pa + GST (all operating expenses are fully recoverable).

This is your opportunity to secure an investment where you can "Beat the Bank".

For sale by Deadline Private Treaty closing 3pm, 11th September 2025.

• High commuter route
• Exceptional profile
• New long term lease
• Full net lease
• Longevity of tenure
• Highly rentable