77 Hutt Road, Petone

77 Hutt Road, Petone

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By Negotiation
Buyer Enquiry From $1,850,000
  • Bed Icon 6
  • Bath Icon 3

Hands off Investment

Calling all Investors, Trusts & Property syndicates. This could be the perfect time to Invest.
Great location with an ideal tenant in place, with initial 20 year lease term. This is your opportunity to be the Landlord to a thriving business located in Hutt Road, Petone.
Currently home to a Childcare business that has been operating since 2012, at full capacity with a waiting list which is testament to their dedication and business operation.
With all outgoings paid by the Tenant and a healthy $126,000 plus GST net return per annum, This would be a great location for your Investment funds.
Features
•Purpose designed floor area of 240m ( more or less )
•Idyllic land area of 1012m (more or less)
•Recent detailed seismic assessment at 100 percent, for peace of mind
•Long Lease Term
•Perfectly located
•Solid tenant in place

For an Investment Memorandum and full due diligence documentation (take advantage of the National Lockdown), please make contact with the Joint Sole Agents today.

Mike Lovell
Mike Lovell
Sales Consultant
Mobile: 027 435 6007
Nick Mahan
Nick Mahan
Residential Sales
Mobile: 027 478 1188

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