Available PropertyFiles:

/1. Information Memorandum/
- Information Memorandum_Parkside Road-min.pdf
/2. Floor plans/
- 067 Plan Elevation.pdf
- 076 Plan Site.pdf
- LTWG Gnd Flr Area RT100925.pdf
/3. Title & Rates/
- 40 Parkside Road - Rates.pdf
- 73982_Title_Search_Copy(50066849).pdf
/4. Leases/
- Draft DoL (21Nov25) - One NZ Parkside Rd Wellington.pdf

Property Description

• A-grade tenant covenant
• New five-year net leaseback
• Fixed annual rental growth
• Net income of $277,309pa + GST

This unique offering combines secure investment income with significant future development potential, making it an ideal acquisition for astute investors.

Part One: A substantial 1,500sqm (approximately), two-storey office and data storage facility, purpose-built and well-maintained. The property includes 15 on-site car parks and is leased to One NZ under a brand new five-year net lease with further rights of renewal - delivering long-term, reliable income backed by a bluechip tenant.

Part Two: A 517sqm parcel of land, offered with vacant possession, prominently located on the corner of Hutt Park Road and Parkside Road. This standalone site presents flexibility and future upside in a high-profile position.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.

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 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

Contact Oliver Hourigan