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Business Scoop » Industrial Package With Scale In Low-vacancy Gracefield Precinct


Press Release – Bayleys
A dire shortage of developable industrial land in the wider Wellington region, coupled with unrelentingly low vacancy rates across the sought-after established industrial precincts, underpins the value proposition of a Lower Hutt property with scale that …
A dire shortage of developable industrial land in the wider Wellington region, coupled with unrelentingly low vacancy rates across the sought-after established industrial precincts, underpins the value proposition of a Lower Hutt property with scale that has come to the market.
Almost 8,000 square metres of General Business-zoned land with supporting buildings – suitable for a significant upgrade or complete redevelopment – is for sale in the city’s most-contested precinct of Seaview/Gracefield. ....

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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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