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, owned by the Centuria NZ Industrial Fund, 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