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

Asset details

Asset Type
Industrial
Value
$3,900,000
Anchor Tenant
Rentokil Initial
Occupancy
100%
WALT
2.2 years
Tenants
1