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Data centre plus land for sale

40 and 56 Parkside Road, Gracefield

Investment Opportunities
dollar

Tender

Floor area
1500m2
Land area
3069m2
Title type
Freehold
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Tender

Wednesday
4:00pm
10
Dec

Map

Property details

Listing # 3259319 | Listed on 7 November

This unique offering combines secure investment income with significant future development potential, making it an ideal acquisition for astute investors.

Part One: A substantial 1,500sqm (approximately), two-storey office and data storage facility, purpose-built and well-maintained. The property includes 15 on-site car parks and is leased to One NZ under a brand new five-year net lease with further rights of renewal - delivering long-term, reliable income backed by a bluechip tenant.

Part Two: A 517sqm parcel of land, offered with vacant possession, prominently located on the corner of Hutt Park Road and Parkside Road. This standalone site presents flexibility and future upside in a high-profile position.

  • A-grade tenant covenant
  • New five-year net leaseback
  • Fixed annual rental growth
  • Net income of $277,309pa + GST
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