This outstanding investment property comprises a fringe city bus depot leased by Wellington City Transport Ltd which is owned by Kinetic, Australasia's largest bus network operator. With an expansive 3,843sqm site and wide frontage to busy Hutt Rd this property has fantastic underlying land value in a tightly held strip that is home to BMW, Spotlight, Placemakers and Animates.

Buildings include a high stud workshop, drivers amenities and first floor offices. The property has extensive concrete yard, fencing and security gates. This is a high quality investment proposition which boasts a top location, quality tenant, net lease, A grade seismic rating and an impressive underlying land value.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/property/110huttroad

• Substantial city fringe bus depot
• High quality tenant on net lease
• Well developed 3,843sqm with wide frontage
• High underlying land value
• Net rental $484,403pa + GST plus significant improvements rental