Available PropertyFiles:

/1. Information Memorandum/
- Bouverie Street, 40_Information Memorandum_PBN.pdf
/2. BWOF/
- bouverie_40_BWOF_2025_Humes.pdf
- bouverie_40_BWOF_2025_Plumbing World.pdf
/3. Fire and Asbestos documentation/
- bouverie_40_asbestos_2021_MPI tenancy.pdf
- bouverie_40_fire report_2020_MPI.pdf
/4. Lease documentation/
- bouverie_40_leases_2011_Plumbing World_ Deed of Lease.pdf
- bouverie_40_leases_2021_Plumbing World_ Deed of Variation.pdf
- bouverie_40_leases_2026_Plumbing World_Deed of Renewal and Rent Review_.pdf
- bouverie_40_leases_humes_2010_Deed of Lease.pdf
- bouverie_40_leases_humes_2016_Deed of Variation of Lease.pdf
- bouverie_40_leases_humes_2019_Deed of Variation.pdf
- bouverie_40_leases_humes_2021_Deed of Renewal.pdf
- bouverie_40_leases_humes_2023_Deed of Renewal and Variation of Lease.pdf
/5. LIM Report/
- bouverie_40_2026_LIM_Vol 1.pdf
- bouverie_40_2026_LIM_Vol 2.pdf
/6. Insurance/
- Bouverie_40_insurance_2025_Renewal Invoices and Schedules.pdf
/7. Building information/
- bouverie_40_lift_2 monthly Schindler Lift.PDF
/8. Title/
- bouverie_40_record of title.pdf
/9. Seismic documentation/
- bouverie_40_seismic_2013_MPI DSA_.pdf
- bouverie_40_seismic_2014_MPI Strengthening Statement of Completion.pdf
- bouverie_40_seismic_2021_DSA Workshop Building_min.pdf

Property Description

• 8,700sqm land area
• 2 national anchor tenants & 2 vacancies
• Prime Petone location opposite Mitre 10 Mega

A genuine landmark opportunity in Wellington's fastest-growing commercial precinct.

Set on a prominent corner with dual north and west-facing frontages, the property is underpinned by 8,700sqm of General Business-zoned land and 3,684sqm of versatile improvements arranged across four distinct buildings.

Two key tenants are national operators Plumbing World and Humes Pipes that provide reliable holding income, while an additional two vacancy’s present immediate scope for repositioning, owner occupation or redevelopment under the zone's generous parameters.

Surrounded by Mitre 10 Mega, Gilmours and Petone's destination retail, this property will reward add-value investors, land bankers and developers alike.

Opportunities of this scale and flexibility rarely surface. Inspect to assess the full holding income and redevelopment story.

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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 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 Ethan Hourigan