Available PropertyFiles:

/1. Information Memorandum/
- Jackson Street_Information Memorandum_single pages-min (3).pdf
- Jackson Street_Information Memorandum_spreads-min (2).pdf
/2. Asbestos Report/
- AC0989 - 33 Jackson Street - Asbestos Management Plan.pdf
/3. Building Refurbishment and Maintenance Works/
- DTBServices.pdf
- Egmont Dixon 20190716-DRAFTConstruction Budget-0164-HP.pdf
- Egmont Dixon Refurb Letter Aug19.pdf
- NewOfficeLayout.pdf
- NewPressHall.pdf
- Window Works 2024_Blue Star Invoice 1088407 for Landlords window works portion 30April24.pdf
- Window Works 2024_Email confirm works completed.pdf
- Window Works 2024_Photos_compressed.pdf
- Window Works 2024_Warranty Details.pdf
- Work Orders_33 Jackson_2024-25.pdf
/4. Insurance/
- 2025 COI Seaview HP P000559133STF - MD IP.pdf
- 33Jack Invoice YR2425.pdf
/5. Lease Documentation/
- Blue Star - Deed of Assignment of Lease.pdf
- Blue star DOL - 25May17.pdf
- Bluestar Deed of Variation & Renewal Jul19.pdf
- Deed of Guarantee on change of shareholding of lessee (1).pdf
- Deed of renewal of lease (Oct 2022) signed.pdf
- signed deed of extension and variation of lease.pdf
/6. LIM Report/
- LIM250296 for 33 Jackson Street PETONE - Volume 1.pdf
- LIM250296 for 33 Jackson Street PETONE - Volume 2.pdf
/7. OPEX/
- OPEX33Jackson.pdf
/8. Title and Plans /
- 33 Jackson St - Architectural Plans.pdf
- Head Office Plans 33 Jack..pdf
- Indicative plans 33 jackson.pdf
- Location indicative Plans.pdf
- Title - 33-43 Jackson St WNB3188.pdf
- Title - 33-43 Jackson St WNF227.pdf
/9. Seismic Maintenance/
- 2018-04-12 33-43 Jackson St Seismic Strengthening - FOR CONSTRUCTION discl.pdf
- 21175 LTR 2018-11-19 33-43 Jackson Street Seismic Strength (3).pdf
- 33 Jack. Structural Inspection Nov 16.pdf
- 33 Jackson Earthquake Insopection Letter Nov 16.pdf
- 33 Jackson Street - Engineers Documentation.pdf

Property Description

• new 9 year lease to Blue Star
• Fixed rental increase throughout the lease term
• Net income of $1,310,000pa increasing to $1,434,000pa net + GST in 2026
• 1.1889ha of freehold land
• Seismically sound with a NBS rating of over 67%

33-43 Jackson Street, Petone is a sound long term investment in a popular location with a solid tenant covenant. The property has been home to a printing related tenant for over 40 years. The current tenant Blue Star Group has invested significantly into the property with a range of upgrades to equipment and associated fitout.

This property is now well established for the future to cater for a wide range of printing needs ensuring it is fit for purpose and affordable for the tenant.

In addition to the strong rental income the property provides over 1.1 hectares of freehold land that may have a high and better use in the future.

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 Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022 +64 21 328 138 fraser.press@bayleys.co.nz All Listings

Contact Mark Hourigan