Wellington
PMG Generation Fund

Situated in Wellington’s Lower Hutt, 11-13 Gough Street is an industrial property offering excellent connectivity to key arterial networks. With a combination of location, tenant quality, and lease strength, 11-13 Gough Street represents a secure and high-performing industrial asset in the Wellington region.

  • Industrial location: Conveniently connected to major transport routes in Lower Hutt, supporting efficient operations and logistics
  • Long-term, high-quality tenant: The sole tenant, HJ Asmuss & Co, is a privately owned supplier and distributor of steel in New Zealand
  • Strong lease security: The current lease runs through to December 2029, with rights of renewal that could extend it to December 2049, providing long-term stability


Asset details

Asset Type
Industrial
Value
$11,500,000
Anchor Tenant
H J Asmuss & Co
Occupancy
100%
WALT
4.8 years
Tenants
1