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Fully leased and affordable

1a Campbell Terrace, Petone

Industrial Buildings
gavel

Auction

Floor area
488m2
Land area
737m2
Title type
Freehold
On this page:

Auction

Thursday
11:00am
Level 14, 36 Brandon Street, Wellington
21
May

Map

Property details

Listing # 3259898 | Listed on 17 April

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
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