Corner site on Waterloo
2, Waterloo Road, Lower Hutt, Lower Hutt
- Proposed Usage
- Floor Area
- 520.00 m²
- Land Area
- 554.00 m²
- Property ID
For sale or lease.
Originally designed as a 4 storied building by Manthel Motors in 1955 - currently 2 stories.
Mixed tenancy, Shine Cafe and B Active Gym plus vacant office or retail space offer stable tenant income. The area is currently earmarked by LHCC for redevelopment into apartments and retail space.
Would suit owner occupier requiring office and showroom space.
Sunny northwest facing aspect with plenty of foot traffic and parking.
Currently leased at $43,458. With a further potential income of $60,000
• Land banking opportunity
• Investment returns
• Development potential
• Be part of LHCC rejuvenation plans.