14-18 Broadway Avenue, Palmerston North CBD, Palmerston North

ICONIC BUILDING WITH POTENTIAL RENTAL UPSIDE

- High Profile freehold investment
- Hugh potential rental upside
- City central location
- Motivated vendor

The property is well located within the 'heart' of Palmerston North CBD. Approx. 30 metres northeast of the intersection of The Square and Broadway Avenue. Close to the eastern boundary is the large Downtown and Cinema 8 complex. Adjoining with four level AMP Building and ANZ Bank. Opposite of former Farmers department store, which has undergone a retrofit into multiple retail and office tenancies including Westpac, Just Looking and Healthcare 2000.

The property comprises a four storey commercial building constructed in the late 1930s, features a 'iggurat clock tower' it comprises three retail shops to ground level and three floors of office accommodation above.