Listing Description
Blue Chip Investment
Whole building/165 & 167-175 High Street, Lower Hutt, Wellington
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Parking | 6 |
| Agency reference | MCPROP_129633 |
Description
A blue chip investment in Lower Hutt is underpinned by a new 12 year lease to the Ministry of Social Development in a newly redeveloped premises fronting Dudley Street. The New Zealand Automobile Association and Body Fit Training Gymnasium make up the balance of tenants and are located on the High Street frontage of the property.
This retail property sits on a 1,675sqm freehold land parcel, and has 1,580sqm of lettable building area and 6 car parks to the Dudley Street where the Ministry of Social Development is located. Also offered for sale is the standalone building at 165 High Street, on an additional 189 sqm of land, with ground floor leased and first floor office vacant.
- New 12 Year lease to MSD
- Two street frontages
- A solid investment
Property Files
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Gary Hansen
Agent's details
Gary Hansen
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MC Property Group, (Licensed: REAA 2008)
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