92-96 Main Road and 14 Tawa Street, Tawa, Wellington

Core industrial investment

This is a unique opportunity to invest in premier industrial property leased to a well-established and recognised national tenant Aquaheat.

Aquaheat is one of the largest HVAC / mechanical contractors in New Zealand, specialising in the supply, installation, commissioning and maintenance of HVAC / mechanical services. The property is made up of a functional mix of office, manufacturing, yard, and storage areas.

This property has had the benefited from a proactive landlord and has been maintained to a high standard. With three buildings all strengthened to 67% plus NBS, this collection of titles is being sold as one parcel, giving the new owner the ability to capitalise on the current healthy net income and lease term (approx. 5 .75 years remaining with rights of renewal) while retaining the possibility of subdivision when the time is right.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/92to96mainroad

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/property/92to96mainroad

• Well established national tenant
• Plus 67% NBS
• Built-in rental growth
• Current net income $485,000