5,324sqm
floor area
25,026sqm
land area
First time for sale | Since its completion in 2011 |
Location | Surrounded by industry including Bunnings, Harvey Norman, Whittakers, PlaceMakers, TIMG, NZ Post, Mitsibitshi, Mitre 10 Mega, Summerset Retirement Village and Turners Auctions. |
NBS | A Grade seismic rating of 80% |
Tenancy | Full net lease |
Seldom does the opportunity arise to acquire a substantial modern industrial investment in one of Wellington's fastest growing areas.
Completed in 2011 to Downer EDI's specifications this industrial property is very desirable with an 11 year WALT, full net lease (including management) and built in growth (minimum 3% p.a.) - it's one for the bottom draw.
The property is Downer EDI's main Wellington office and depot servicing the Lower North Island.
The tenant covenant of Downer EDI is substantial being listed on both the New Zealand and Australia stock exchanges and employ over 52,000 people.
Please do not hesitate to contact either Grant or Mark for further information or to arrange a viewing of the property.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/makarostreet
• Robust tenant covenant - Downers EDI publicly listed on NZX and ASX
• 11 year WALT - secure cashflow for the long term $1,757,786pa
• Built in rental growth - Guaranteed rental growth
• A Grade seismic rating - for peace of mind
• Growth location - Adjacent to Transmission Gully off ramp
Licensed under the REA Act 2008
Mobile: +64 21 988 613 |
Office: +64 4 499 6022 |
grant.young@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 603 |
Office: +64 4 499 6022 |
mark.hourigan@bayleys.co.nz |
5,324sqm
floor area
25,026sqm
land area
First time for sale | Since its completion in 2011 |
Location | Surrounded by industry including Bunnings, Harvey Norman, Whittakers, PlaceMakers, TIMG, NZ Post, Mitsibitshi, Mitre 10 Mega, Summerset Retirement Village and Turners Auctions. |
NBS | A Grade seismic rating of 80% |
Tenancy | Full net lease |
14-16 Makaro Street, Porirua
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 988 613 |
Office: +64 4 499 6022 |
grant.young@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 427 603 |
Office: +64 4 499 6022 |
mark.hourigan@bayleys.co.nz |
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