544 Devon Street East, Fitzroy, New Plymouth

Split-risk investment potential with upside

Location is the key to this strategic commercial site that occupies a premium position in the accelerating and vibrant suburb of Fitzroy.

The building occupies a prime corner block on the Eastern End of New Plymouth with expansive frontages to Devon Street East and Clinton Street.

Established as one of New Plymouths 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.

Fully tenant as is, redevelop or partially owner occupy. This is an outstanding provincial opportunity to secure an investment property with a versatile development upside (approximately 500m to Fitzroy Beach) and split risk return potential.

Property Details:
- Land area 501sqm (more or less)
- Floor area 550sqm (more or less)
- Zoning Business A
- Seismic ratingDSA report available

Tenancy Details:
Full tenancy schedule is available on request.

Tender closes Thursday 10th March 2021 1pm (unless sold prior) at the Bayleys Office (15 Courtenay Street, New Plymouth).