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Petone

1a Campbell Terrace, Petone, Lower Hutt

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737sqm Land area SQM
488sqm Floor area
4 Offstreet

Fully leased and affordable


Positioned in the tightly held Petone precinct, this property presents an investment opportunity underpinned by strong fundamentals.

The property comprises a single-level industrial building on a 737sqm site, fully leased to two established tenants, delivering immediate holding income and security.

The building offers clean workspace and practical access, well suited to a range of industrial uses.

Its location benefits from excellent connectivity to State Highway 2 and central Lower Hutt along with proximity to public transport.

The mixed use zone provides future flexibility, with potential for redevelopment or intensification incorporating residential accommodation.

Combining income, location, and upside, this is a strategic acquisition in one of Petone's most sought-after industrial pockets.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/1acampbellterrace

• Fully leased to two tenants
• Excellent leasing history
• Easy central Petone location
• Current net rental $89,449pa + GST

Auction

Level 14, 36 Brandon Street, Wellington

21
May

Time11am
Calander
Calendar
Paul Cudby

Paul Cudby

Commercial and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Oliver Hourigan

Oliver Hourigan

Commercial, Retail and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Easy central Petone

Occupancy


Fully leased to 2 tenants

Standalone


Freehold title

Passing income


$89,449pa net + GST

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