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Business Scoop » New Lease And Strong Tenant Covenant Underscores Gracefield Investment Opportunity

Press Release – Bayleys A textbook example of a hands-off, passive investment opportunity in the competitive industrial property sector, with the added advantage of being fully leased and within Wellingtons preferred large industrial location, Gracefield, is garnering attention … A textbook example of a hands-off, passive investment opportunity in the competitive industrial property sector, with the added advantage of being fully leased and within Wellington’s preferred large industrial location, Gracefield, is garnering attention from cashed up buyers. The large-scale warehousing property at 176 Gracefield Road has a new six-year lease locked in place from 1st September this year, to long-established Wellington firm LT Transport Limited which will relocate from elsewhere in Gracefield to these larger premises.

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