Available 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 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 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