8-14 Evans Street and 25 Oates Street, Stokes Valley, Lower Hutt Established tenant – new five year net lease
TweetAvailable PropertyFiles:
- /1. Information Memorandum/
- Evans Street 8-14_Information Memorandum_min.pdf
- /2. Building information/
- evans_8_BWoF_BWoF_2025-2026.pdf
- evans_8_BWoF_compliance schedule.pdf
- /3. Insurance /
- evans_8_insurance_2026_tax invoice.pdf
- evans_8_insurance_Policy Schedule.pdf
- /4. Lease documentation/
- evans_8_leases_2021_Deed of Lease.pdf
- evans_8_leases_2026_Deed of Renewal.pdf
- /5. Seismic information/
- evans_8_seismic building consent application.PDF
- evans_8_seismic calculations.PDF
- evans_8_seismic code compliance.PDF
- evans_8_seismic_Building Officer further information required Letter no.1 for BC150846.pdf
- evans_8_seismic_Letter of Structural Compliance to NBS.pdf
- evans_8_seismic_PS4.pdf
- /6. Water invoices/
- evans_8_rates_Tiaki Wai_Evans Street_quarterly.pdf
- evans_8_rates_Tiaki Wai_Oates Street_quarterly.pdf
- /7. Titles and Easements/
- evans_8_titles_instrument 1.pdf
- evans_8_titles_instrument 2.pdf
- evans_8_titles_instrument 3.pdf
- evans_8_titles_record of title 1.pdf
- evans_8_titles_record of title 2.pdf
- evans_8_titles_record of title 3.pdf
- evans_8_titles_record of title 4_oates street.pdf
Property Description
• Seismically upgraded to exceed 67% of New Building Standard• Net lease – tenant pays the outgoings
• Current net income: $128,000 per annum + GST
• Prominent corner position with two street frontages
Positioned prominently within the established Stokes Valley community, this well presented hospitality property offers investors an opportunity to secure a purpose built premises with an established tenant, recently renewed lease, and features which set it apart from conventional suburban commercial investments.
A restaurant bar opens onto a substantial garden bar, providing an attractive outdoor area and an important additional dimension to the hospitality offering. A separate public bar setting houses TAB and 18 gaming machines.
The kitchen and plant room are supplied from the rear service lane. There is a small upstairs area for staff offices and storage. The layout provides the tenant a versatile hospitality environment with multiple sources of income and position the venue as an established destination within its suburban catchment.
The property combines location, functionality and income security in a tightly held suburban environment and represents a compelling opportunity for an investor seeking an established commercial asset.
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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
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