Investment with upside
11, Sheffield Street, Paraparaumu, Kapiti Coast
- Proposed Usage
- Floor Area
- 1264.00 m²
- Land Area
- 3216.00 m²
- Property ID
The current tenant has occupied this property for the past 24 years and have just committed to a new 3 year lease with further rights of renewal.
Located in the industrial heart of Paraparaumu, this area has come under increased demand since the opening of the new Expressway which runs alongside the property.
The upside is that if the tenant ever did decide to leave then there is potential to further develop this large site.
â¢ 1,264m2 building on 3,216m2 land
â¢ New 3 year lease to existing long term tenant
â¢ Great exposure to Expressway
â¢ RV $1,380,000