Two Tenants to spread the risk


67B Breakwater Road, Moturoa

Tender

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Two Tenants to spread the risk | 67B Breakwater Road, Moturoa | 2600465 |      X Close
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Two Tenants to spread the risk


This modern warehouse built in 2004 is situated on a 4,042sqm (more or less) site and presents a rare opportunity in today's tightly held New Plymouth marketplace.

With dual tenancies to split the risk, it will appeal to the discerning investor looking for a solid return. Anchored by a long term lease to one of the tenants with the balance presenting an opportunity for owner-occupiers in the future.

A combined floor area of 1,873sqm (more or less) with two warehouse/workshops serviced by their own exclusive office and amenities set across two floors. An established industrial location, so close to Port Taranaki and other strategic logistical routes, coupled with a shortage of competing stock make this an opportunity not to be missed.

Property Details

Land area4,042sqm (more or less)

Floor area1,873sqm (more or less)

ZoningIndustrial D

Tenancy Details

Currently returning a net income of $164,838pa + GST. Full tenancy schedule is available on request.

Tenders close 1pm Wednesday 9th of September 2020 (unless sold prior) at the Bayleys Office (15 Courtenay Street, New Plymouth)

67B Breakwater Road, Moturoa

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