An established national trade tenant, modern purpose-built improvements and a substantial Seaview landholding combine at 49 Seaview Road, Lower Hutt.
Leased to New Zealand's largest building material supplier the property offers investors exposure to a recognised brand - PlaceMakers. With over a hectare of land the site accommodates 2,713sqm of building area, with extensive customer carparking and trade yard areas and has the benefit of annual CPI rent reviews.
This property offers a proven hands off investment with the security of New Zealand's largest supplier of building materials and the simplicity of a single tenant asset. This represents a compelling investment for passive investors looking for dependable income from a well positioned commercial asset.
To obtain copies of all supplementary documents please register your details at https://new.propertyfiles.co.nz/id/49seaviewroad
• Recently renewed lease with renewals to Sept 2049
• 1.116 hectare of landholding on Seaview's main route
• Net rental $742,623.84pa + GST with annual CPI rental growth
• Dynamic trade/retail base with high exposure
