The Hub – 17-23 Toop Street, Seaview, Wellington
A multi-tenanted warehouse and distribution centre providing diversification across 12 separate tenants with two road frontages. The hub is held across five separate titles and is effectively four adjoining industrial properties:
- 17 Toop Street: A medium sized warehouse building with front showroom and offices built over two levels. Originally built circa 1970s (with recent refurbishment), the warehouse accommodation provides a stud height of approximately 3.9 metres rising to 4.9 metres, and benefits from a large number of onsite carparking, and designated yard areas.
- 25 Toop Street & 109-117 Port Road: a combination of large to medium sized, warehouse tenancies of medium stud height all containing basic offices and amenities. The Hub building has a large drive-in common central circulation area with a new two storey northern office block for PBT Transport and associated carparking currently being completed.
- 101-103 Port Road: consists of two medium sized two bay factory warehouse buildings with front showroom and offices built over two levels. The property provides contemporary factory/warehouse accommodation, having a stud height rising to approximately 7.5 metres.
Major tenants – PBT, Linfox, Fujitsu, Toll, Downer
Asset summary | |
---|---|
Property type | Industrial |
Investment Type | Industrial Fund |
Title | Freehold |
Site Area | 52,756 sqm |
Net lettable area | 39,781 sqm |
Building constructed | Various |
Car park spaces | 375 |