Petone Bulk Retail Opportunity

85, The Esplanade, Lower Hutt, Lower Hutt

Price On Application

Proposed Usage
Industrial
Floor Area
3000.00 m²
Description:
Property ID
1b1lsl1



Large office and warehouse complex in 5 connected buildings. Views over the harbour from the first floor. This property provides easy access on and off The Esplanade and Victoria Street allowing travel to Wellington CBD in 12 minutes and Lower Hutt CBD in 8 minutes.

Building E is the northern most of the buildings and has frontage to Victoria Street. The building is a 9 metre stud warehouse of 3,000m². To the north is an extensive car park currently servicing the new IBM Tower but which could be decked to provide additional parking to meet the demand generated from a retail use on this site. The landlord is willing to do work on the property to make it work for the right tenant.

Its location on Victoria Street places it in a mixed use location with McDonalds and Pak'N Save further to the north and light industrial situated on the other side of Victoria Street and the new IBM office tower adjacent. However in the wider Petone West precinct there will be major retailers such as Rebel Sports, Bunnings and Briscoes opening up in 2016. Alongside this is the vibrant shopping and cafe environment on Jackson Street only a few minutes away.

Potential signage opportunity to the 30,000 passing vehicles daily on The Esplanade

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Lower Hutt Area