Versatile Petone industrial

4, Sydney Street, Petone, Lower Hutt

Tender

Proposed Usage
Industrial
Floor Area
551.00 m²
Land Area
584.00 m²
Description:
Property ID
1c5pfk3

The options for this 1960's building are varied.

With mixed use zoning and only a 3 metre set back at the rear and a 14 metre height limit, redevelopment may well be a future option.

Potential uses range from showroom to retail and include residential under the highly flexible Petone Commercial 2 zoning.

The property has a warehouse area of 356sqm and a large 195sqm mezzanine which can provide additional floor area or be removed to open up the warehouse stud height.

Currently tenanted on a monthly basis, the property has a potential net income of $62,235pa + GST

When considering the abundance of on-site parking an immediate thought is that the property lends itself to creating a trade showroom at the front of the property with visibility from the Esplanade.

But don't let our ideas get in the way of your vision.

- 356sqm warehouse + rear yard area with up to 8 car parks + 195 sqm mezzanine
- Just off the Esplanade, Petone
- The mixed-use zone allows for all sorts from showroom to retail and residential
- Potential net income $62,235pa + GST.

Enquire about this property

Petone Area