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Two frontages, four tenancies, endless upside

40 Bouverie Street, Petone

Industrial Buildings
dollar

Tender

Floor area
3684m2
Land area
8700m2
Title type
Freehold
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Tender

Wednesday
4:00pm
24
Jun

Map

Property details

Listing # 3259992 | Listed on 22 May

A genuine landmark opportunity in Wellington's fastest-growing commercial precinct.

Set on a prominent corner with dual north and west-facing frontages, the property offers 8,700sqm of General Business-zoned land and 3,684sqm of versatile improvements arranged across four distinct buildings.

Two tenancies - including national operators Plumbing World and Humes Pipes - provide reliable holding income, while two vacant present immediate scope for repositioning, owner occupation or redevelopment under the zone's generous 22-metre height limit.

Surrounded by Mitre 10 Mega, Gilmours and Petone's destination retail, this property will reward add-value investors, land bankers and developers alike.

Opportunities of this scale and flexibility rarely surface.

Inspect to assess the full holding income and redevelopment story.

To obtain a copy of all supplementary documents please register your interest at www.propertyfiles.co.nz/40bouveriestreet

  • 8,700sqm land area
  • 2 national anchor tenants
  • 2 vacancies
  • Prime Petone location opposite Mitre 10 Mega
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