67B Breakwater Road, Moturoa, New Plymouth

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)