High Profile Add-Value Opportunity

37, Hutt Road, Pipitea, Wellington

By Negotiation

Proposed Usage
Industrial
Description:
Property ID
1bp80v9

The property comprises a three storey building strategically located in a prime position on Hutt Road, a main arterial route leading to and from the Wellington CBD.

Improvements comprise a substantial showroom with high stud warehouse and two levels of office space above. The property also has a large deck area off Sar Street with ample parking for the top floor tenancy, and access to the rear of the ground floor - ideal for staff parking and trade access. The ground level is tenanted by Tilemax, whilst levels 1 and 2, previously occupied by Flagmakers and totalling 865sqm, are now available with vacant possession.

* Anchor Tenant Tilemax Limited
* High profile location (22,000 plus cars per day)
* Net Lettable Area 1,515sqm (over three floors)
* 337sqm (approx.) covered yard/car parking
* 1,047sqm freehold site
* Ample on-site car parks
* Rating Valuation $1,800,000 (as at 1st September 2015)
* Owner occupier opportunity (865sqm vacant)
* Potential billboard income

For Sale by Deadline Private Treaty, closing Wednesday 13th April 2016 at 4pm (unless sold prior). For further information about the property please contact one of the nominated brokers below.

Enquire about this property

Pipitea Area