Property Description

• Occupy or invest
• Opportunity to add value
• Dual street access
• Potential net income approx. $390,000pa + GST

Positioned in Wellington’s largest and most sought-after industrial precinct, this high-profile property boasts exceptional visibility along a key arterial route, ensuring strong exposure for any business.

Spanning approximately 3,150sqm, the building is predominantly warehouse space, complemented by well-appointed office and amenity areas. It sits on a generous 6,518sqm of regular-shaped freehold land, offering ample yard space and functionality for a range of industrial uses.

The front section of the property is securely leased to Carter’s Tyres on fresh lease terms, providing a stable income stream. Meanwhile, the rear 1,500 sqm remains vacant, presenting a unique opportunity for owner-occupiers to establish or expand their business in this premium location. With a combination of passive income and strategic flexibility, this property is ideal for investors, owner-occupiers, or developers looking to capitalise on the strength of Wellington’s industrial market.