Wellington
PMG Generation Fund

The property is in Grenada North and is close to State Highway 1, and only a 10 minutes’ drive to Wellington CBD.

It consists of three adjoining modern premises across three separate titles on 1.9 hectares. Two remain as warehouses with offices, and one has been converted to a commercial office. It has a total net lettable area of 8,276 sqm and includes more than 20 car parks.

  • Strategic industrial location: Positioned in Wellington’s key distribution hub
  • Major tenant security: Fully leased to three tenants including multi-national food industry giant Coca-Cola
  • Strong market fundamentals: High occupancy with solid long-term leasing metrics
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties
 PMG 32 Jamaica Drive, Grenada North, Wellington Commercial Properties

Asset details

Asset Type
Industrial
Value
$8,050,000
Anchor Tenant
Coca-Cola Europacific Partners
Occupancy
100.00%
WALT
0.95
Tenants
1