Colliers is pleased to present The Gateway at 120 Johnsonville Road, a multi-tenanted commercial investment on the main road of Johnsonville’s primary retail and service precinct.
This proven suburban asset offers investors an attractive, diversified income stream, supported by a complementary mix of national retailers, healthcare providers, and professional service tenants. The strong mix of tenants provides a reliable income stream, underpinned by consistent demand from one of Wellington’s largest suburbs.
Prominently located on Johnsonville Road, The Gateway benefits from exceptional exposure to both vehicular and pedestrian traffic, reinforcing its appeal to occupiers. The property’s high profile position combined with direct connectivity to Wellington CBD and the northern suburbs, further strengthens its long-term investment credentials.
Tenants and customers benefit from easy on-site car parking, enhancing the attraction to the site for a wide range of businesses. Anchor retail tenants Repco and Number One Shoes provide strong covenant backing, alongside a range of essential service-based occupiers on level one that service the local community.
Johnsonville’s role as a key northern hub for Wellington continues to underpin the strength of this investment. The suburb is embarking on an exciting future and now is the time to be part of it. The Gateway represents a compelling opportunity to secure a high-performing, income-producing asset in one of Wellington’s most established suburban centres, with strong fundamentals supporting both immediate returns and future growth potential.
For more information or to arrange a viewing contact:
Alistair Robertson on 021 418 647 or email alistair.robertson@colliers.com
Hamish Templeton on 029 127 0018 or email hamish.templeton@colliers.com
*All areas and values are approximate only. Boundary lines are indicative only.
Residential units are not included in the sale.
Features:
- Prominent Johnsonville Road frontage offering strong exposure to passing traffic
- Established mixed‑use commercial complex with retail and office tenancies
- Diversified income streams and lease maturities
- Net income $528,806 + GST p.a. (approx.)
- Recognised national tenant anchors including Repco and Number One Shoes
- Excellent accessibility with on‑site car parking
- Close proximity to public transport and arterial links to Wellington CBD
More information: https://www.colliers.co.nz/p-NZL67040434
