160 ADELAIDE ROAD


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160 Adelaide Road is located at the southern end of Adelaide Road, Newtown. Newtown is undergoing substantial changes with Massey University’s Mt Cook Campus, rebuilding of Wellington Hospital and the residential conversion of Athletic Park generating high levels of property activity.

The building has an excellent profile to Adelaide Road and access to Hansen Lane. The traffic count for Adelaide Road is 21,000 cars per day* making it one of Wellingtons most used streets.

Other major tenants and owner occupiers in the area include McDonalds, Video Ezy, Firestone, Woolworths and Foodstuffs recent purchase of the Benchmark site on John Street.

Zoned “Suburban Area” under the Operative Wellington City Council’s District Scheme.



LEGAL DESCRIPTION

The Units for sale are Units B,C, and D of Deposited Plan 61681 being the freehold stratum estate contained in Certificate of Titles WN30D/424, WN30D/425 and WN30D/426 and associated Auxiliary Units.

BRIEF PROPERTY DESCRIPTION

160 Adelaide Road is a 1970’s four storey building constructed with reinforced concrete post and beam construction, concrete floor slabs and concrete walls. Window joinery is a combination of steel and aluminium.

The ground floor comprises a retail premise leased to Westpac (which is excluded from this sale) and two foyers for the upper levels. The eastern foyer provides access from Adelaide Road to each of the upper levels. The western foyer accessed from Hanson Lane has paraplegic toilets and a passenger lift.



* 21,000 cars per day
WCC 2003 Traffic Count


TYPICAL PLAN



RECONFIGURED PLAN


For more information contact:

CITY LIVING LTD

Phone: 
Fax:
Email:

+64 4 570 3310
+64 4 570 3317
graeme@cityliving.net.nz or
peter@cityliving.net.nz


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however no warranty is given and purchasers are advised to carry out their own investigation.