1 - 103 Hutt Park Road, Gracefield, 5010

Seize the opportunity to invest in a well leased property, in a prime location in Gracefield.

Tommy’s Commercial offers 1/103 Hutt Park Road to the market – for sale by Tender (can be sold prior).

The tenant, Seven Electrical, are an industry leader and service all of the Greater Wellington region across the residential, commercial and communications industries.

The building is cleverly laid out with open plan office space on the ground floor and upper floor. There are six separate offices, a Board Room, kitchen and also bathrooms on both floors. The Eastern side of the building accommodates the substantial warehouse and storage space with 3 large roller doors for all vehicle access. There is ample parking on site.

Seven Electrical have recently renewed the lease for a further 7 years, currently returning $123,181 pa NET. The purchaser will benefit from both CPI and market rental adjustments, and two x 5 year rights of renewal.

This is a creditable investment, and we encourage you to contact us to obtain further details. Tender closing 27 March 2025 – 12pm.

Please contact Ben Castle – 021 616 220