Available PropertyFiles:

/1. Information Memorandum/
- Ruahine Street, 58_Information Memorandum min.pdf
/2. Building information/
- Approach BWOF 2024.pdf
- FY25 Cert-Higgins Group Holdings Ltd-Material Damage-56-58 Ruahine St, Paraparaumu_.pdf
/3. Lease/
- Deed of Lease 2018 (56-58 Ruahine St, Paraparaumu) Part1.pdf
- Deed of Lease 2018 (56-58 Ruahine St, Paraparaumu) Part2.pdf
- HCL Rent Review & Renwal - 56-58 Ruahine St, Paraparaumu (Executed).pdf
/5. Titles/
- Title- 58 Ruahine Street, Paraparaumu.pdf

Property Description

• Net rental $245,163pa + GST
• Strong Tenant Covenant in place
• Functional warehouse/yard/office configuration

This is a strategic industrial investment offers scale, income, and long-term potential. Set on a substantial 11,149sqm freehold site, the property comprises a 1,230sqm building returning $245,163pa + GST + outgoings annually, with a fixed rental uplift in 2026 providing future income growth.

Anchored by a strong tenant covenant, a reputable long-term occupant with an established trading history, this is a dependable asset for passive or add-value investors alike.

Sound property fundamentals support the investment case. This includes a high seismic rating and a highly functional mix of warehouse, yard, and office spaces, enhancing leasing flexibility into the future.

Don’t miss this opportunity to secure a quality industrial investment with scale, income, and long-term upside in a high-growth location.

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 Johnny Curtis

Capital Commercial (2013) Limited, Bayleys,

Licensed Real Estate Agents (REAA 2008)

+64 4 499 6022 +64 02 138 6285 johnny.curtis@bayleyswellington.co.nz All Listings

Contact Simon Butler