Available PropertyFiles:

  • /1. Information Memorandum/
    • Gracefield_182_Information Memorandum min.pdf
  • /2. Insurance Documents/
    • gracefield_182_insurance invoice.pdf
    • gracefield_182_insurance_renewal report.pdf
  • /3. Lease Documents/
    • gracefield_182_leases_2015_Deed of Lease.pdf
    • gracefield_182_leases_2019_Deed of Renewal.pdf
    • gracefield_182_leases_2021_curent rent invoice.pdf
    • gracefield_182_leases_2021_renewal by email.pdf
    • gracefield_182_leases_2024_agreement to lease_Lockup.pdf
  • /4. Seismic Information/
    • gracefield_182_seismic_2021_08_DSA and seismic upgrade docs.pdf
    • gracefield_182_seismic_2021_11_ISA after seismic upgrade.pdf
  • /5. Title /
    • gracefield_182_record of title.pdf
    • gracefield_182_survey plan.pdf

Property Description

• Floor area 280sqm plus 295sqm yard
• Seismic rating 70% of NBS
• Leases expiring 30 November 2024
• Potential net rental $60,212pa + GST
The rarest of opportunities knocks in the form of this high stud, fully functional workshop with adjoining lockup and yard.
Located close to the foot of the Eastern Hills in popular Gracefield provides easy access to all sectors of the Greater Wellington region.
Recently strengthened to 70% of New Building Standard (NBS), this is a property which ticks a lot of boxes.
The cornerstone tenant would like to stay, creating an opportunity for the investor to lock in a new lease, or an owner occupier to secure their own premises.
For the more adventurous, the lean to, lockup and rear yard provide potential to increase the workshop size by about 225sqm.

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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 Paul Cudby

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 21 421 374   paul.cudby@bayleys.co.nz   All Listings

Contact Ethan Hourigan

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022   +64 21 427 601   ethan.hourigan@bayleys.co.nz   All Listings