22 Railway Avenue, Alicetown, Lower Hutt

Four units easily converted into one tenancy

This modern commercial property comprises four showroom/office/warehouses, fully leased to four established tenants.

This attractive investment is located on one of the region's most popular arterial routes, colloquially referred to as the gateway to Lower Hutt. Railway Avenue provides one of the city's main access points to and from the CBD and SH2.

Built in the late 1990s, the property is north-facing with an efficient layout, popular sizing, 15 car parks, and easy access in and out, contributing to its popularity with service providers and trade wholesalers.

Strong occupancy demand, a proven leasing history, and low-maintenance design make this a hassle-free investment with immediate returns and long-term growth potential. Opportunities like this are rare.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/22railwayavenue

• Four fully leased tenancies
• All with mezzanines
• 70% NBS, 2025 DSA
• Net rental $191,199+ GST per annum