69 Hutt Road, Pipitea, Wellington Work meets style in Thorndon
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Hutt Road, 69_Information Memorandum-min (1).pdf
- /2. Title/
- 2746_001.pdf
- 3245495-1.pdf
Property Description
• Vacant possession• High profile Hutt Road frontage
• Extensively refurbished, altered, and strengthened over time
• Potential net income - $97,545pa + GST
Positioned on one of Wellington’s busiest arterial routes, 69 Hutt Road offers an opportunity in the sought-after fringe CBD suburb of Thorndon.
Now owned and occupied by creative agency Wise Studios, the property benefits from a modern fitout, and excellent profile. The building comprises approximately 562sqm of floor area on 497sqm of land and has undergone significant alterations and refurbishment since its original 1920s construction.
A 2020 engineers report assessed the building at 60%NBS, with a strengthening solution and cost to bring the building up to 70%NBS. The current owner has chosen not to do this.
Its distinctive street frontage, modernised interiors, and warehouse space make it a compelling opportunity for future owner-occupiers, investors, or those seeking a live-work set up or studio-style premises. Located just minutes from Wellington’s CBD, the property enjoys seamless access to State Highway 1, public transport links, and the northern suburbs.
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Terms of Supply
DISCLAIMER AND STATEMENT OF GENERAL POLICYThe 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 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