326 Lambton Quay - Bendon_Property for Sale

326 Lambton Quay, Wellington, Wellington, 6011, NZ

326 Lambton Quay - Bendon

Asset description

JLL are pleased to present to the market this rare opportunity to secure a Golden Mile retail investment on Wellington's Lambton Quay.

Lambton Quay is renowned as the premier shopping strip in the Wellington CBD with an array of internation and national retailers filling the shopfronts.

These premises are located on the western side of Lambton Quay which enjoys the highest foot fall in the city.

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Attributes

Building area gross

288 sm

Occupancy

100%

Year built

1930

Call for offers

03/19/2025

Media

Investment highlights

Here are some of the highlights on offer:

Leased to national retailer, Bendon
6 year net lease
Annual net income of $254,022 per annum plus GST
Annual CPI reviews
Character retail premises comprising 287.5sqm (more or less)
Ground floor freehold unit title

The property is being sold by Deadline Private Treaty closing 4pm, Thursday 20th March 2025. For further information on this and to arrange an inspection, please give Jim or Stathis a call.