Available PropertyFiles:

/1. Information Memorandum/
- Te Roto Drive, 54_Information Memorandum-min.pdf
/2. Leases/
- 2 degrees signed lease.pdf
- Banks Crane Lease 2024 signed.pdf
- Convert2Cash Lease 2019 signed.pdf
- Convert2cash renewal deed signed 2023.pdf
- rent increase specialist property.pdf
- specialist property signed lease.pdf
/3. Seismic/
- 19357 2015-03-18 1-3 Manchester St IEP.pdf

Property Description

• Four tenants returning $187,900pa net
• 5,686sqm corner landholding
• 1,200sqm of buildings
• Two street frontages in growth location

This outstanding property comprises a 1,200sqm building on a supersized 5,686sqm corner site in the heart of Paraparaumu. The property is 100% leased to three tenants plus income from a cell tower tucked in the corner.

A smart investment proposition in a growth location amidst established industrial and commercial properties with easy access to the Kapiti Expressway.

With an impressive land holding and rental growth potential, this property should appeal to savvy investors looking at a long term hold with excellent fundamentals.

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 Mark Sherlock

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

+64 4 499 6022 +64 21 481 562 mark.sherlock@bayleys.co.nz All Listings

Contact Simon Butler