Expect a generous provincial yield!


167 Devon Street West, New Plymouth Central

Tender

Download Email
Expect a generous provincial yield! | 167 Devon Street West, New Plymouth Central | 2500400 |      X Close
Image
Description

Expect a generous provincial yield!


- International tenant OMV New Zealand

- 3,069sqm site / 5,096sqm buildings

- Impressive annual rental $924,496.96 + GST & Outgoings

- Iconic New Plymouth building

- B Grade Seismic Rating

- 37 on site car parks

Strategically located in the New Plymouth city centre, this property comprises a three level office building plus an eight level office tower that are interlinked and situated on a sizeable high profile freehold corner site.

The property is leased to OMV New Zealand who is one of the country's largest liquid hydrocarbon producers, the largest gas producer and a major explorer in a number of offshore basins around New Zealand, particularly the Taranaki basin.

Seldom do commercial opportunities of such a super size come to the market in the infamous "oil town" of New Zealand which may well reward an investor with a generous provincial yield!