39 Beach Street , Fitzroy, New Plymouth

Split-risk investment with development upside

Location is the key to this strategic commercial site that occupies a premium position in the accelerating and vibrant suburb of Fitzroy. The buildings occupy a prime corner block on the eastern end of New Plymouth with expansive frontage Beach Street. Fully tenanted providing a net rental of $122,760pa from six retail-type tenancies. Established as one of New Plymouth's top residential suburbs and now fast developing into a desirable city fringe spot for new commercial developments and boutique apartments. Easy access to the Valley shopping centre, CBD and Coastal Walkway are a few of the many location drawcards that make this opportunity unique.