Listing Description
Listed: Thu, 31 Oct
A very strategic investment
8 Burnham Street, Petone, Lower Hutt, Wellington
To be sold by tender (closes on 4 Dec)
Details
Attribute | Value |
---|---|
Property use | Industrial |
Agency reference | 3257813 |
Description
- Fully leased industrial investment adjacent to Mitre 10 Mega
- Substantial buildings totalling 9,518sqm on a 14,994sqm site
- Well established tenants, Niche Modular and Engie
- Potential future add value to a more intensive use
This industrial investment has an exciting future being located directly adjacent to Mitre 10 Mega. Currently fully leased to well established tenants, Niche Modular and Engie, it returns approx $1,350,000pa net.
Its central Petone location and great ratio of warehouse to offices plus yard has always kept it in strong demand with tenants.
Whilst currently a high stud warehouse with offices, the potential to add value by a change of use makes this an enticing investment.
To obtain copies of all supplementary documents please register your details at http://www.propertyfiles.co.nz/property/8BurnhamStreet
Map
Agent's details
Grant Young
Fraser Press
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Capital Commercial (2013) Ltd MREINZ, (Licensed: REAA 2008)
Property Partner
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