Petone
8 Burnham Street, Petone, Lower Hutt
+13
A very strategic investment
• Fully leased industrial investment adjacent to Mitre 10 Mega
• Substantial buildings totalling 9,518sqm on a 14,994sqm site
• Well established tenants, Niche Modular and Engie
• Potential future add value to a more intensive use
This industrial investment has an exciting future being located directly adjacent to Mitre 10 Mega. Currently fully leased to well established tenants, Niche Modular and Engie, it returns approx $1,350,000pa net.
Its central Petone location and great ratio of warehouse to offices plus yard has always kept it in strong demand with tenants.
Whilst currently a high stud warehouse with offices, the potential to add value by a change of use makes this an enticing investment.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/8BurnhamStreet
Grant Young
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Fraser Press
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Hourigan
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Fully leased to established tenants Niche Modular & Engie
Location
Strategic investment adjacent Mitre 10 Mega
Passing income
$1,350,000pa net + GST
High stud
Highly functional warehouse and yard has always been in strong demand.
Have your questions answered
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Request more information
Contact us and have your questions answered.