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Paraparaumu

Unit 9/8 Kapiti Lights, Paraparaumu, Kāpiti Coast

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3,352sqm Land area SQM
923sqm Floor area
42 Offstreet

Prominent Kapiti Property - With Income!


This iconic property within the bustling Kapiti Lights commercial hub offers excellent opportunity for owner occupiers and investors alike, with stable income on favourable lease terms underpinning multiple occupation options for the new owners.

The principal tenancy encompasses 517sqm and is equipped with a extensive amenities including kitchen and bathroom facilities and an inviting outdoor patio. This unoccupied area can be tailored to suit a multitude of business requirements and benefits from the exceptional location and ample parking on the doorstep.

Neighbouring "Black Stag" sports bar holds a 10 year net lease and is a popular feature of the Kapiti hospitality scene, offering honest Kiwi hospitality alongside ever popular gaming machines for excellent investment security.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/unit9_8kapitilights

• Multi-tenant commercial site in prime location
• Part tenanted, part vacant with options to split further
• Current income $139,560pa + GST and outgoings
• Potential income $307,138pa + GST and outgoings

Auction

Level 14, The Bayleys Building, 36 Brandon Street, Wellington, 6011

13
Mar

Time11am
Calander
Calendar
Simon Butler

Simon Butler

Commercial and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Johnny Curtis

Johnny Curtis

Commercial and Retail Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Occupancy


Part tenanted, part vacant with options to split further

Location


Multi-tenant commercial site in prime location

Passing income


Current income $139,560pa + GST and outgoings

Opportunity


Potential income $307,138pa + GST and outgoings