Investing here is a breeze with confirmation of the next renewal confirmed early, providing term through to 31 January 2028. Extremely tidy and well presented, the nature of the Tenant business ensures low impact on your asset and a steady stream of income for your pocket.
123 Kapiti Road commands attention in a historically coveted real estate strip. Its proximity to SH1 (Kapiti Expressway) ensures convenient access, making it a destination of choice for both local and national brand businesses. Neighbours include Mega Mitre 10, New World Supermarket and Z Service Station on the doorstep - future proofing tenant appeal. Minimal maintenance and easily managed, this will be a welcome addition to any property portfolio or attractive proposition for new investment buyers. Don't miss out on this sought-after investment offering in a region ripe with potential, act now and pave the way for long-term success.
• Pivotal 649sqm property on Kapiti Road with prominent road frontage
• 308sqm building comprising established brand Tenant – Wellington Beds
• Freehold investment with functional designed layout and quality presentation
• Annual net rental $77,070 + GST with increase to $80,000 in February 2025