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Unparalleled development site

41- 49 Eastern Hutt Road,

Industrial Buildings
dollar

Negotiation

Floor area
3825m2
Land area
1.53ha
Title type
Freehold
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Property details

Listing # 3252616 | Listed on 13 April 2022

Opportunities to acquire a property of this size and stature in such a tightly held market are seldom available. This impressive corner land holding of some 15,301sqm has unparalleled development potential.

The six existing tenancies are positioned on the site to allow for the future development through the creation of approximately 8,500sqm of land with two national tenants Brambles Nz Limited (Chep Pallets) and Vertical Horizons anchoring the investment.

With the Wingate industrial precinct being occupied by some of the countrys leading companies, the site sits amongst one of the best in Wellington for accessibility and access to main transport links including the new Haywards Interchange and Transmission Gully.

This is truly a unique opportunity to purchase a development site of such significant scale and position in the Wellington market.

Further details and full tenancy schedules are available upon request

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/41-49EasternHuttRoad

  • Significant 1.53ha land holding in one of Wellingtons key industrial locations
  • High profile corner position with large scale redevelopment potential
  • Currently fully leased to multiple tenants
  • Annual Net income of approximately $394,753 pa + GST

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