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Wainuiomata, 13 Fraser Street

Commercial Investment and/or Owner Occupier

Contact agent for more information

Listing Number: WO5677
About this listing

SOLD - This listing was sold in December 2019.

This fantastic 240m² (approx.) workshop could suit the savvy commercial investor and/or owner occupier.

- The main workshop area is roughly 15m x 12m & includes 2 x roller doors plus, extra storage areas, a sep toilet and a sep potential office/storage room.
- Upstairs is more storage & a kitchenette.
- Ample off-street parking for 4+ cars in front of the building.
- Huge potential to develop the untouched (steep/sloping) land behind the workshop on the rest of this 809m² (more or less) site.
- Vacant possession is available from April 2020.
- Zoned 'General Business'
- Situated close to the centre of town with Queen St only 5 minutes walk away. It's also only a short drive to Lower Hutt CBD and 25 minutes drive (off peak) to Wellington CBD.
- Current Rates: $3,235 p/a

Based on $100 per sqm, and when compared to similar workshops, the rent potential is estimated to be approx. $24,000 + GST per annum (inc outgoings) however, this has not been professionally valued and we recommend you seek independent advice.

Property Information
  • Approx Floor Area: 240 sqm
  • Land Size: 809 sqm
  • Property Type: Industrial
  • Commercial information
    • Zone: General Business
  • Tenure: Fee Simple
  • Chattels remaining: Zip
  • Tenancy 1: Area Sqm: 240, Expiry Date: 31 March 2020

Contact Details

Harcourts Wainuiomata

Channel Realty Ltd

Licensed REAA 2008

32 Queen Street
Office website

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