The Hub – 17-23 Toop Street, Seaview, Wellington

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 typeIndustrial
Investment TypeIndustrial Fund
TitleFreehold
Site Area52,756 sqm
Net lettable area39,781 sqm
Building constructedVarious
Car park spaces375

 

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