Available PropertyFiles:

/1. Information Memorandum/
- Hopper Street, 19-21_Information Memorandum.pdf
/2. Titles/
- 13509540_3.pdf
- title_1221675.pdf
- title_1221676.pdf
- title_1221677.pdf
- title_1221678.pdf
/3. Building Information - Insurance/
- 2026 BWOF docs.pdf
- 38465 Insurance Documentation.pdf
- Commercial Insurance Manual.pdf
/4. Seismic Information/
- Seismic Upgrade 2004.pdf
- Seismic Upgrade 2011 - 1.pdf
- Seismic Upgrade 2011 - 2.pdf
/5. Leases/
- 3-19 Hopper St tenancy.pdf
- BAV-127247-48-7-1 Deed of Lease Hopper 21 June 2024.pdf

Property Description

• Net income circa $235,000pa
• Long-term net lease to Millie’s House childcare
• Three refurbished apartments – fully leased
• Split-risk investment in prime city fringe location

A tightly held opportunity in the heart of Mount Cook, 19–21 Hopper Street presents a diversified investment underpinned by secure cashflow and quality residential income.

With a 15 year (plus Right of Renewal) lease to a national childcare operator and fully leased apartments above, this property delivers both stability and upside in a prime city fringe location.

The property was fully EQ strengthened to the required level in 2011, when the childcare opened, and the apartments were refurbished in late 2024.

The property is unit titled in 4 separate freehold titles.

Positioned within close proximity to Wellington CBD, tertiary institutions, and key transport links, this is an investment designed to “tick all the boxes” for astute purchasers seeking reliable returns and long-term growth.

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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 Mark Walker

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 320 280 mark.walker@bayleys.co.nz All Listings

Contact Sarah Lyford

Bayleys