Available PropertyFiles:

  • /1. Information Memorandum/
    • Ulric Street, 25_Information Memorandum.pdf
  • /2. Building information/
    • 25 Ulric Street, Plimmerton, Porirua - BWOF.pdf
    • CS0461 Compliance Schedule.pdf
  • /2. Insurance/
    • Steve Free Holdings - Insurance.pdf
  • /3. Lease documents/
    • Builttwo - ATL.pdf
    • Freeway (Berger Contracting) - DOL.pdf
    • Freeway (Berger Contracting) - Rent Review.pdf
    • JWF Lease.pdf
    • Manaaki Legal - ATL.pdf
    • Pacific Horizon Deed of lease.pdf
    • Pacific Horizon Variation.pdf
    • Residential Tenancy Agreement.pdf
    • Urban Bake - DOL.pdf
    • Urban Bake - DOR.pdf
  • /4. Seismic information/
    • IEP 2024.pdf
  • /5. Title/
    • 80689_Title_Search_Copy.pdf

Property Description

• Multi-tenant complex in high growth area
• Core industrial plus retail, office and residential components
• Well presented and structurally sound - 70% NBS
• Net income of $158,498pa + GST
A well-established multi-unit commercial property in the core of the Northpoint industrial precinct. The asset offers a genuine split-risk investment profile, comprising six self-contained tenancies with diversified income across industrial, office, retail, and residential uses.
Constructed in 2003, the steel-framed building provides low-maintenance ownership and long-term durability. Practical layouts and a proven location underpin strong and consistent leasing fundamentals.
The property is anchored by long-standing tenants including Freeway RV, servicing the adjacent motorhome park, and Urban Bake, a well-known destination café with a loyal following. Positioned within an area of sustained growth, this excellent asset will appeal to investors looking for cash-flow, security, and future upside.

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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 Simon Butler

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022   021 128 9315   simon.butler@bayleys.co.nz   All Listings

Contact Fraser Press

Capital Commercial (2013) Limited, Bayleys,

Licensed REAA 2008

+64 4 499 6022   +64 21 328 138   fraser.press@bayleys.co.nz   All Listings