Target Yield - High Single Digits


21 Currie Street, New Plymouth

Auction

Download Email
Target Yield - High Single Digits | 21 Currie Street, New Plymouth | 1681693 |      X Close
Image
Description

Target Yield - High Single Digits


- Fully leased with long-term, high profile tenants

- Situated on a 3,070sqm site (more or less)

- Returning passing income of $1,100,000 approximately per annum

- Prime location of New Plymouth CBD

This prime, standalone CBD property is fully leased with long-term tenants, returning an annual passing income of $1,100,000 approximately per annum.

Situated in the centre of the central business district of New Plymouth, this is an attractive and well maintained investment, with excellent, high profile tenants and also leases that exceed the norm.

This is a large corner property with an excellent Earthquake Rating (B Grade), comprising a former regional Post Office building, now converted to retail, banking and serviced apartments. Principal tenants are the ANZ Bank, New Zealand Post, Kathmandu, Quest Apartments as well as fully leased car parks, situated on a 3,070sqm (more or less) site within the Business A zone.

This is a fantastic opportunity that does not come around often, and would suit a passive investor or family trust.

21 Currie Street, New Plymouth

Open in map