Tender 28th May 2025 12:00:00 (Will not be sold prior)

Earthquake strengthened, a solid well regarded Wellington tenant and a net lease – this is an excellent opportunity to own a secure investment.

Located in the midst of Tawa’s shopping precinct, The Mary Potter Hospice Foundation have tenanted these premises since 1 March 2004 and have a further 4 years remaining on their net lease.

This is a well-presented and functional clear-span site. The interior offers a kitchenette, office, w/c’s, ceiling cassette heat pumps, an insulated ceiling with suspended acoustic tiles, a large sliding rear door access (2.6 x 2.6M) as well as a PA door and parking at the rear for 4-5 vehicles. The roof is corrugated steel sheeting in excellent condition.

The premises are set back from the Main Road, offering approx. 92sqm of courtyard-like frontage. This space offers future opportunity

Important for peace of mind to any potential purchasers, the premises were earthquake strengthened to NBS 80%-90% in 2015 (all reports and PS4 available).

Purchase and carry on opportunities such as this, offering good yields, are very scarce.

Contact Vince for the Information Memorandum and to view.

Mob:021 242 1377