Listing Description
Industrial investment returning a 6% yield
9/50 Gracefield Road, Gracefield, Lower Hutt, Wellington
Asking price $500,000
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 3259625 |
Description
This is a premium opportunity to secure a high-quality 90sqm showroom/warehouse unit in the well-established and highly regarded Gracefield Business Park.
Immaculately presented, the property offers a versatile and functional layout, combining quality warehouse space with excellent access to support efficient operations, logistics, and deliveries.
Returning $30,000 + GST per annum (net), the property provides strong investment appeal and reliable income. Importantly, rental growth is built into the lease, ensuring the yield is positioned to improve over time.
Strategically located close to key arterial routes and just minutes from Lower Hutt CBD, it offers an outstanding combination of accessibility, functionality, and long-term value.
Contact us today to arrange a viewing or request further information.
Property Files
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Oliver Hourigan
Agent's details
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Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
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