This 770sqm building was originally constructed in the 1980's as a showroom and warehouse for Aldus Graphics (Heidelberg), the property has more recently been split into three units ranging in size from 190sqm.
Its current configuration is fit for purpose, and in keeping with surrounding properties.
Over the past 20 years, the location has become a popular hub for small to medium businesses wishing to either be close to Railway Avenue, or to have easy motorway access to service the broader Wellington region.
Fully leased, the property returns $134,305pa net + GST, and has had an excellent leasing history.
Both affordable and manageable, this property will make a welcome addition to your investment portfolio.
• Fully leased investment
• Four under rented tenancies
• 70% NBS
• Current net rental $134,305 pa + GST
For further information or to obtain copies of all supplementary documents, visit www.propertyfiles.co.nz/property/3252160