Available PropertyFiles:

/1. Information Memorandum/
- Park Road, 17-21_Information Memorandum.pdf
/2. Title/
- 17-21 Park Road_Title.pdf
/3. Leases/
- FullySignedATLCloverCorportationLimited_21ParkRoad.pdf
- Green Door Lease.pdf
- WellSushiLimitedSignedLease Agreement05.2025.pdf
/4. Building Information/
- BWOF2026.pdf
- CertificateOfCompliance_Hood,ExtractionandFlueSystem.pdf
- EncroachmentInvoice.pdf
- StructuralDrawing_21ParkRoad.pdf
/5. Insurance/
- Insurance.pdf
/6. Seismic/
- NotEarthquakeProneLetter2009.pdf
- Seismic report and calculation_2009.pdf

Property Description

• Current net rental of $106,086pa + GST
• Land Area of 438sqm
• Three tenants all with net leases
• Situated on the corner of Park Road and Tahi Street

Positioned on the prominent corner of Park Road and Tahi Street, this well-located Miramar investment presents a strong opportunity for investors seeking diversified income in a tightly held city-fringe suburb.

The property is underpinned by three tenants, Green Door Dairy, One Sushi, and U.Mi Nail Spa & Massage. All on net leases, and retuning a combined net income of $106,086 + GST per annum you have a great spread of risk.

Set on a 438sqm site, the property benefits from strong exposure to both vehicle and pedestrian traffic, servicing a well-established residential catchment and local workforce. Miramar continues to see consistent demand from both occupiers and investors, underpinned by its proximity to Wellington Airport, thriving film industry, and strong surrounding community.

This is a well-balanced investment offering income security, tenant diversity, and long-term upside in a proven suburban location.

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
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 Sarah Lyford

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022 027 497 0019 sarah.lyford@bayleys.co.nz All Listings

Contact Grant Young

Capital Commercial 2013 Limited

Licensed REAA 2008