Paraparaumu
54 Te Roto Drive, Paraparaumu, Kāpiti Coast
+17
Strategic Kapiti Investment
This outstanding property comprises a 1,200sqm building on a supersized 5,686sqm corner site in the heart of Paraparaumu. The property is 100% leased to three tenants plus income from a cell tower tucked in the corner.
A smart investment proposition in a growth location amidst established industrial and commercial properties with easy access to the Kapiti Expressway.
With an impressive land holding and rental growth potential, this property should appeal to savvy investors looking at a long term hold with excellent fundamentals.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/54TeRotoDrive
• Four tenants returning $187,900pa net
• 5,686sqm corner landholding
• 1,200sqm of buildings
• Two street frontages in growth location
Mark Sherlock
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Simon Butler
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Johnny Curtis
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Opportunity
A strategic investment on a corner site within a growth location
Occupancy
Four tenants returning $187,900pa net + GST
Growth
Rent growth potential through the next review cycle
Land area breakdown
5,686sqm across three titles
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