As Exclusive Agents, CBRE New Zealand is delighted to present 16 Ulric Street, Plimmerton, Porirua to the market. 16 Ulric Street offers owner occupiers or investors versatility in a tightly-held location.
Situated on a 766sqm (more or less) freehold land parcel, this high profile building has a gross floor area of approximately 726sqm. The property includes workshop, warehouse and office space, as well as car parking, making it suitable for both investors and owner-occupiers.
The property is located at 16 Ulric Street, in the middle of the Plimmerton industrial area, between Plimmerton Domain and State Highway 59. The area is well-served by State Highway 1 and the recently opened Transmission Gully and is within close proximity to the newly proposed Plimmerton Farm Development, Porirua City Centre, Kapiti Coast and Wellington City Centre.
Investment highlights include:
- Suitable for investors and owner-occupiers
- 766sqm* land parcel
- 726sqm* gross floor area, split over workshop, warehouse and office space
- 199sqm* office and storage, plus car parks - leased.
- Vacant posession of 527sqm* (warehouse, office and car parks)
- Holding income of $38,680pa + GST
- 50% NBS (Silvester Clark ISA Dec 2024)
- Up to 8 car parks
* All areas are approximate.
This property is offered for sale by Deadline Private Treaty, closing on Thursday 1st May 2025 at 4pm (unless sold prior).
For further information, please contact one of the nominated brokers.
