245-251 High Street, Lower Hutt, a two-storey retail and office commercial block at the northern end of High Street offers discerning investors exactly what they are seeking in a stable commercial investment.
The premises consist of three separate Ground Floor retail tenancies and three further office tenancies on the First Floor. With all tenancies being fully tenanted, it provides a secure income stream for any investor looking to strengthen their portfolio.
Key investment highlights of the building are:
o NLA: 1,242sqm
o 935sqm freehold site
o Multiple, fully-tenanted tenancies
o Sought after location
o Dominant corner site, with high profile
o 75% NBS (strengthened in 2017)
o Recently painted exterior
o Natural light from all sides
o Secure income stream
o Ease of management
o Excellent growth prospects
o Low maintenance
o Market yield
245 - 251 High Street, Lower Hutt is being offered for sale by Deadline Private Treaty, closing Wednesday 7th July at 4.00pm. CBRE strongly recommends your early consideration of this stable commercial investment and encourages interested parties to get in touch without delay.
