1a Campbell Terrace, Petone, Lower Hutt Fully leased and affordable

Available PropertyFiles:

  • /1. Information Memorandum/
    • Campbell Terrace, 1A_Information Memorandum_min.pdf
  • /2. Title/
    • campbell_1A_record of title.pdf
  • /3. Lease Documents/
    • campbell_1a_lease_ 2023_wiretech_probuilt_ATL.pdf
    • campbell_1a_lease_ 2026_wiretech_probuilt_annual increase.pdf
    • campbell_1a_lease_2017_shower king_DoL.pdf
    • campbell_1a_lease_2022_Shower King_Renewal.pdf
    • campbell_1a_lease_2023_CPI RR.pdf
  • /4. Insurance/
    • Campbell_1a_insurance.pdf

Property Description

• Fully leased to two tenants
• Excellent leasing history
• Easy central Petone location
• Current net rental $89,459pa + GST

Positioned in the tightly held Petone precinct, this property presents an investment opportunity underpinned by strong fundamentals.

The property comprises a single-level industrial building on a 737sqm site, fully leased to two established tenants, delivering immediate holding income and security. The building offers clean workspace and practical access with secure yard and parking, well suited to a range of industrial uses.

Its location benefits from excellent connectivity to State Highway 2 and central Lower Hutt along with proximity to public transport. The mixed-use zone provides future flexibility, with potential for redevelopment or intensification incorporating residential accommodation.

Combining income, location, and upside, this is a strategic acquisition in one of Petone’s most sought-after industrial precincts.

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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 Oliver Hourigan

027 542 7603   oliver.hourigan@bayleyswellington.co.nz   All Listings