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Business or toys? A gem

39 Scholes Lane, Petone, Lower Hutt

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250
If you have been looking for a small warehouse/workshop in Petone you will know they seldom come available.If you have just started looking and you miss out on this one you may find the opportunity to buy again could be years away and as a compromise, you may have to purchase in a less desirable location or an old building requiring strengthening.
 

Hell of an investment

53 Webb Street, Te Aro, Wellington

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105
Te Aro is a very popular Wellington food precinct.  Prime location with apartments and universities nearby.  There are many further apartment developments either underway or planned ensuring ongoing population growth and takeaway demand in this areaOne of the country’s most successful Hells Pizza for nearly a decade.105m² unit titleNew 5-year lease – Hell’s Pizza$34,888 net (approx.
 

Four flats &three shops investment

38-42 High Street North, Carterton, Wairarapa

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680
One of Carterton’s newer properties in the centre of the main street (SH2) and on the sunny side.The vendors can’t recall a vacancy since 1968.The tenants in the flats must be wage earners.Net rental $71,183.
 

Martinborough winery – 10-year lease

50 Kitchener Street, Martinborough, Wairarapa

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554
A very affordable petite Martinborough winery just 500m from the town square.  Land area 1.1055 hectares with the winery / tasting room built in 2015.
 

Affordable vineyard / winery leased to heavyweight

340 Gladstone Road, Carterton, Wairarapa

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1,219
A viticulture investment that stands apart from others.Gladstone Vineyard – vines / winery / tasting room / apartment and restaurant – has been leased since December 2018 to a partnership between Hong Kong’s Odyssey Capital (Asia’s lending alternative asset manager) and Australia’s Flying Winemaker Holdings Limited.  Gladstone is an organic vineyard.
 

Must be Sold - Occupy or Invest - SOLD!

18 Sydney Street, Petone, Lower Hutt

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410
SOLD!Vendor has purchased another property so, with reluctance, must sell this property after 17 years of ownership.Features;Direct access onto The Esplanade4 car parksColumn free, clear span warehouse spaceStud height 5 metres rising to 6 metresGood balance of offices and amenitiesNBS 70%Sealed yard at the rear with roller door accessIncome $60,000 pa plus GSTAsking price $850,000.
$850,000

Rock Solid Petone Warehouse Building

41 Fitzherbert Street, Petone, Lower Hutt

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435
SOLE AGENCYLooking pretty in pink, this highly functional warehouse building is located in a very desirable are of Petone.The building itself consists of high stud, clear-span, tilt slab warehousing, made complete with a small office block at the front.The roof has recently been fully replaced and the seismic rating is 95% NBS.
 

Upper Hutt's hot spot

119 Main Street, Upper Hutt

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670
Fully leased to a strong iconic local retailer in the heart of a fast recovering Upper Hutt city centre.$80,000.00 p.a. fully net leaseCurrent lease is up for renewal in December 2023 with renewals to 2032Locked in rental growthCustomer access from front and rear car parksR.V.
 

Workshop with Sunny Outlook

4 Button Lane, Waitangirua, Porirua

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271
SOLE AGENCYHard to come by small workshop with two roller doors (each 2.67m high and 2.5m wide).Comes complete with a tidy portacom office, staff amenities and plenty of free car parking on the street.Features;• Good natural light• 3 phase power• 2 x roller doors• Plenty of street parking• 3.
 

9% Net Return - Low Rental - Two Renewed Leases

26 Birdwood Street, Featherston

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2,033
If both yield and sound tenants are important, you won’t beat thisBuilding 2,033m² – land 4,962m²Rental $104,000 net p.a. plus GSTTenants pay all outgoings2 long established tenants with new 6 year + 4 year leasesIf you have any questions or would like to make a time to view this property, please contact Lawrence Cheetham on 027 463 4144 or email [email protected]
$1,200,000

BIG Profile Here

215 High Street, Masterton, Masterton

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500
Development opportunityLand area 1,721m² – buildings 500m²Great corner presence on SH2South Belt is access to Hood AerodromeIf you have any questions or would like to make a time to view this property, please contact Lawrence Cheetham on 027 463 4144 email [email protected] or Chris Gollins on 021 422 227 email [email protected]
 

It's The Esplanade, Island Bay

242 The Esplanade, Island Bay, Wellington

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140
It’s The Esplanade, Island Bay - an owner/renovator's prayer answered526m² land – building 140m²Mixed commercial/residential useSun, surf, super opportunityR.V. $590,000PROPERTY WITHDRAWN - AUCTION CANCELLEDIf you have any questions or would like to make a time to view this property, please contact John Persico on 021 441 231 or email [email protected]
 

Food Processing Factory - Levin

11 Main Road South, Levin

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1,010
Vacant possession of a superb 1990’s food processing factory - very rareBuilding 1,010m² - land 1,437m²Formerly Levin Eels - MPI licensedFreezer panel construction, built 1990–97RV $1,020,000If you have any questions or would like to make a time to view this property, please contact Zair Parkes on 027 446 9994 email [email protected] or Chris Gollins on 021 422 227 email [email protected]
 

The Last Chance Here

19 Edwin Feist Place, Masterton, Masterton

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5,555
The last chance to secure land at the Wairarapa’s premier industrial address.5,555m² - frontage 97m, depth 70mThe Wairarapa's No.1 industrial locationAll modern, smart neighboursR.V. $365,000.00 - on SH2 bypassIf you have any questions or would like to make a time to view this property, please contact Lawrence Cheetham on 027 463 4144 or email [email protected]
$475,000

Freehold Hotel Investment

23 Clarence Street, Hamilton

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2,386.48
Reasons to buySubstantial 50 room hotel complexHigh profile and convenient locationLong lease tenure – 33 years remainingMostly concrete constructionConvenient location – close to the CBD, shops, restaurants and bars for guest convenienceImpressive design and appearance “Trophy Investment”Asking Price $6,950,000.00 (plus GST if any)Rental $438,000.
$6,950,000

Best Wellington Industrial Available Today

14 Jamaica Drive, Grenada North, Wellington

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3,580
This 3,580m² industrial property (warehouse or factory) is presently out on its own in the Wellington Market.Great location just 3kms from junction of Transmission Gully and Wellington-Porirua motorway2,920m² warehouse - 660m² officeStud height 11.4m to 12.
 

New 10-Year Lease to Post-Covid Success Story

132 Lincoln Road, Masterton, Masterton

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2,490
A very rare investment property meeting all the frequently requested criteria of ‘trust investment’; low maintenance; securely leased and with pride of ownership.$240,000.00 fully net p.a.
$3,700,000

Long Term Investment in Heartland New Zealand

134 Norman Avenue, Masterton

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44,200
This is an investment in the industry at the forefront of eradicating the world of disposal plastic – replacing it with wood pulp originated alternatives. The tenant, Renalls has the advantage of a monopoly position within the huge Wairarapa and Poverty Bay forestry industries, producing and transporting wood chips for the pulp mills at Whirinaki, Kawerau and Kinleith.
 
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