24 September 2013
Lower Hutt property development company Balanced Investments has bought the former Mainfreight depot in Seaview and has already secured two major tenants.
Director Mike McCombie said the property, which had a 2010 rating value of $8.7 million, was being purchased for $5m with settlement scheduled for the end of the month.
View of the old Mainfreight address on Gracefield Road.
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