Available PropertyFiles:

/1. Information Memorandum/
- Kapiti Road - Information Memorandum_Feb 2024.pdf
/2. Titles/
- 3154602-1.pdf
- 3155249-1.pdf
/3. Asbestos Reports/
- Asbestos report REAR 112 AND 118 kapiti 2018.pdf
- S-06400 -118 FRONT Plumbing World -Asbestos report 2.pdf
- S-06401 -FRONT 112 Kapiti Road - asbestos report 2018-10-23).pdf
/4. IEP and DSA/
- 19355 15-04-23 112 Kapiti Rd, Rear Building IEP.pdf
- 19355 2015-03-19 112 Kapiti Rd, Front Building IEP.pdf
- 19356 2015-03-26 118 Kapiti Rd Front Building IEP.pdf
- 19356 2015-03-26 118 Kapiti Rd Rear Building IEP.pdf
- DSA RPRT 2017-02-09 FRONT 118 Kapiti Road - Detailed Seismic Assessment Report.pdf
- DSA RPRT 2017-02-27 FRONT 112 Kapiti Road - Detailed Seismic Assessment Report.pdf
/6. Leases - 112 Kapiti Road - 24 7 GYM/
- 1. 24 7 gym signed lease.pdf
/6. Leases - 112 Kapiti Road - AVS/
- 2. AVS 2021 New Lease 112 Kapiti rd.pdf
- 2. AVS DEED OF rent review signed 2021.pdf
- 2. AVS signed lease 114 K RD.pdf
- 2. AVS signed renewal deed 2021.pdf
- 2. draft 2021 new avs combined lease 112krd.pdf
- AVS RE_ Next door.pdf
/6. Leases - 112 Kapiti Road - BNT NZ LTD/
- 4. BNT 2012 renewal signed BNT.pdf
- 4. BNT Deed 2019 Recording Renewal of Lease and Rental Review 112 Kapiti Rd.pdf
- 4. BNT RENEWAL 2021 Kapiti_discl.pdf
- 4. BNT draft DEED OF renewal and variation OF LEASE 2021.pdf
- 4. BNT signed DEED OF renewal and variation OF LEASE 2021.pdf
- 4. BNT signed lease and renewals.pdf
/6. Leases - 112 Kapiti Road - Discount Tools NZ Ltd/
- Agreement to Lease dated 20 December 2022.pdf
/6. Leases - 112 Kapiti Road - Focus Projects Ltd/
- Signed ATL to FPL dated 29 June 2023.pdf
/6. Leases - 112 Kapiti Road - KAPITI GOODIES LTD/
- 5. kapiti Goodies signed lease 2021.pdf
- Signed deed of renewal and variation of lease rent review July 2023.pdf
/6. Leases - 112 Kapiti Road - KAPITI PURE FOODS/
- 6. Kapiti Pure foods signed lease.pdf
- 6. kapiti pure foods office signed lease_discl.pdf
/6. Leases - 112 Kapiti Road - NZ POST/
- 2023 deed of renewal for 114 Kapiti Road.pdf
- 7. NZ Post signed renewal 2021.pdf
- 7. NZ post signed lease 2019.pdf
- 7. Rental review 112 Kapiti Rd NZ POST 2021 RE_ Rental review 112 Kapiti Rd Paraparaumu.pdf
/6. Leases - 112 Kapiti Road - PLUMBING WORLD 112 LEASE/
- 8. FW_ Rental review Plumbing World 118 Kapiti Rd Paraparaumu Without Prejudice.pdf
- 8. Lease unsigned P World unit L 112 Kapiti Rd_discl.pdf
- 8. P world extra space 2017.pdf
- Rental and Lease 2 units 112 Kapiti Rd Paraparaumu _Without prejudice_.pdf
- Signed deed of lease dated 10 August 2023.pdf
/6. Leases - 112 Kapiti Road - RESENE PAINTS/
- 9. Resene DEED OF renewal and variation OF LEASE 2021 fully signed.pdf
- 9. Resene lease 2002.pdf
- 9. resene paraparaumu deed 23.1.2020.pdf
/6. Leases - 112 Kapiti Road - WALKER GROUP Beach FM/
- 11. Beach FM signed - Unit G kapit road_.pdf
/6. Leases - 118 Kapiti Road - BALLINGER LTD LEASE/
- 1. Ballinger to ballinger signed lease 118 kapiti Rd rear building.pdf
- 1. toy library sub lease 118K Rd.pdf
/6. Leases - 118 Kapiti Road - PLUMBING WORLD LTD/
- 2. Plumbing World ROR Deed signed 2020.pdf
- 2. Plumbing world signed lease 2005.pdf

Property Description

Occupying a large strategic site on Kapiti Road, this substantial investment comprises 12 tenancies over four buildings and two titles. Anchored by national tenants Resene, Plumbing World, BNT and NZ Post this property has had a great leasing history with a diverse income stream and rental upside. Enjoying over 10,000sqm of land and a 93 metre frontage to Kapiti Road, this property has significant future development potential underpinned by a great income stream. Kapiti Road adjoins the Kapiti Expressway with over 20,000 cars per day and the Kapiti Landing Business Park is only 100 metres away.
• Anchored by longstanding national tenants Resene, Plumbing World, NZ Post and BNT
• Great spread of risk across 12 tenants returning $700,103a net
• Strong underlying land value – 10,631sqm of land
• Four buildings providing retail, warehouse and office

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The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Mark Sherlock

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 481 562 mark.sherlock@bayleys.co.nz All Listings

Contact Grant Young

Capital Commercial 2013 Limited

Licensed REAA 2008