Available PropertyFiles:

  • /1. Information Memorandum/
    • Victoria Street, 39 Information Memorandum min.pdf
  • /2. Building Information/
    • Asbestos clearance report 1.pdf
    • Asbestos clearance report 2.pdf
    • Asbestos survey.pdf
    • Insurance Policy.pdf
    • Seismic report.pdf
  • /3. Lease/
    • CPI Rent Review 2024.pdf
    • CPI Rent Review 2025.pdf
    • Deed of lease.pdf

Property Description

• Well-positioned generic warehouse building
• Six-year lease plus renewals
• Net rental $92,000pa + GST - tenant pays outgoings
• Well-maintained buildings with four off-street car parks

This well positioned warehouse property is the ideal passive investment, with an excellent lease history and the current tenant with a six-year lease plus renewals. The property is a great mix of warehouse and office plus the benefit of four car parks in a very busy precinct.

Victoria Street is one of the most popular industrial streets in Petone and this property sits in its epi-centre backing onto Pak'nSave car park and just a few doors down from McDonalds.

This investment ticks all the boxes for a first-time investor, family trust or someone looking for a passive low-risk investment.

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 Mark Sherlock

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 21 481 562   mark.sherlock@bayleys.co.nz   All Listings

Contact Liam Sherlock

Capital Commercial (2013) Limited, Bayleys

Licensed under the REA Act 2008

04 499 6022   027 971 4245   Liam.Sherlock@bayleys.co.nz   All Listings