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Silverstream

16-18 Whitemans Road, Silverstream, Upper Hutt

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5,610sqm Land area SQM
2,340sqm Floor area
54 Offstreet
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Suburban investing at its best


Silverstream Village is a medical and retail complex which offers a prime investment opportunity with a reliable income stream from 12 diverse leases. Key tenants include Silverstream Medical, Silverstream Pharmacy, Physiotherapy, Lumino Dentist, and a Beautician, ensuring stability and community appeal.

As a cornerstone amenity in Silverstream and surrounding lifestyle suburbs, the complex enjoys popularity with no historical vacancies, evidenced by long-standing established tenants.

All leases are net leases set at competitive rates, providing affordability and security against rising outgoing expenses.

Investment opportunities like this are rare, making this a compelling opportunity with significant upside in a prominent location.

• Fully leased service retail complex
• 12 different income streams
• NBS rating of 73% (DSA 2021)
• Anchor tenants all health related
• Net income of approximately $590,440pa + GST

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/16_18WhitemansRoad

Tender

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

25
Sep

Time4pm
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Fraser Press

Fraser Press

Commercial, Industrial and Retail Sales and Leasing

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

Mark Sherlock

Commercial and Industrial Sales

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

Features

Anchor tenants


Silverstream Medical Pharmacy and Lumino Dentist

Seismic (NBS rating)


73% NBS DSA 2021

Lease


12 tenants on net leases

Passing income


Net income approx. $590,440pa + GST

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