Property Description

• New six year lease from October 2026
• Full net lease with fixed 2.5% annual increases
• Dual street frontages to Fitzherbert and Sydney Street
• Net rental $230,000pa + GST

Positioned in the heart of Petone’s thriving commercial precinct, 60 Fitzherbert Street presents an outstanding investment opportunity. This versatile 1,156sqm industrial building sits on a substantial 1,485sqm freehold site and is secured by a new 6-year lease to R.S. Lane, providing investors with secure income and longterm occupier stability.

The property features a clear-span warehouse, office and showroom accommodation, dual street frontage, generous yard space, and 13 onsite car parks.

A recent seismic assessment reports a 70% NBS rating, enhancing occupier confidence and supporting long-term asset value.
Located just moments from Jackson Street and with excellent access to SH2, Wellington CBD, the airport, and the wider Wellington region, the property benefits from Petone’s continued growth as a premier commercial, retail, and lifestyle destination.