Available PropertyFiles:

/1. Information Memorandum/
- High Street, 129-131_Information Memorandum_rev 1.pdf
/2. BWOF/
- high_129_BWOF_2025.pdf
- high_129_BWOF_Compliance Schedule_.pdf
/3. Insurance /
- high_129_insurance_2026.pdf
/4. Lease documentation/
- high_129_DTR_2024_licence to occupy car park_.pdf
- high_129_leases_DTR_2024_DoL_.pdf
- high_129_leases_DTR_2026_renewal email.pdf
- high_129_leases_Fleafy_2024_DoL-.pdf
/5. Titles /
- high_129_Record of Title_1.pdf
- high_129_Record of Title_2.pdf
- high_129_Record of Title_encumbrance.pdf

Property Description

• Profile central Hutt location
• Part leased – part vacant
• Add value by leasing up or converting to residential
• Potential net rental $143,388pa + GST

A repositioning opportunity in the heart of Lower Hutt's High Street retail strip.

This two-storey commercial building offers established income from DTR and Leafy Green, while a vacant ground floor tenancy invites a new tenant to drive rental uplift on day one.

The standout play lies upstairs: a generous first floor ideally suited to conversion into inner-city residential apartments, tapping into Lower Hutt's chronic housing shortage and increasingly favourable intensification settings.

With strong street frontage, on-site parking and a flexible floorplate, holding income underwrites the development pathway.

Astute investors and developers seeking measurable upside through leasing, refurbishment and residential conversion should act decisively.

Inspect to appreciate the full potential on offer.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Paul Cudby

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 421 374 paul.cudby@bayleys.co.nz All Listings

Contact Oliver Hourigan