Available PropertyFiles:

  • /1. Information Memorandum/
    • Information Memorandum_Wainui Road, 44.pdf
  • /2. Building Information/
    • Exterior Cladding Lab Results.pdf
  • /2. Building information/
    • Annual Fire Alarm Survey 2025.pdf
    • BWOF Report 2025.pdf
    • Hawkeye Warrant & Form 12A.pdf
    • Invoice INV-1886.pdf
    • Kiwifirst 44 Wainui Road Gracefield Lower Hutt.pdf
  • /3. Insurance documents/
    • 2025 Insurance Invoices - 4TK Limited[3].pdf
    • Monthy Premium Summary - 4TK Limited[1].pdf
  • /4. Lease documentation/
    • Ground floor_Signed 5+5 Lease 28 June 2024.pdf
    • KFL Lease 5+5 31 October 2023.pdf
    • KFL Rent review October 2025.pdf
  • /5. Seismic Information/
    • Detailed Seismic Assessment for issue.pdf
    • Email confirmation_Seismic.pdf
  • /6. Title/
    • 3267100-1.pdf

Property Description

• Two tenants across two floors
• Well appointed car parking and rear yard areas
• Rental growth with long term leases
• 70% NBS, 2025 DSA
• Net Rental $116,000 per annum + GST
An exceptional high yield opportunity to secure a well-presented two-floor office building in a high-profile location on a busy main arterial road.
This property is fully leased to two established tenants, Kiwi First have occupied the first floor for 20 years, providing immediate income and long-term investment security. The layout offers efficient floor plates on each level, suitable for a wide range of professional occupiers.
A recent seismic report provides peace of mind, making this a future-proof investment in a tightly held commercial area.
Located in a thriving precinct with excellent visibility, great sun and almost park like surroundings, strong traffic flow and easy access to key transport routes, this property benefits from outstanding convenience and exposure.

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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 Andrew Smith

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022   021 421 401   andrew.smith@bayleys.co.nz   All Listings

Contact Oliver Hourigan