330 Devon Street East, New Plymouth, New Plymouth

Premium grade investment - National tenant

This standalone tenanted investment presents a rare opportunity in today's tightly held New Plymouth marketplace. The property is occupied by NZX listed nationwide logistics company, MOVe Logistics (formally TIL Logistics), with a substantial 10 years remaining on the 15 year initial term, returning $122,424pa net with fixed rental growth.

The well-appointed 482sqm (more or less) building features a category 'A+' seismic rating and comprises of reception, separate offices, open plan area, meeting/training room, file storage, and staff amenities, with ample carparking available onsite. The prime position, near the prominent intersection of Devon Street East and Hobson Street, offers exceptional exposure to passing vehicles. Freehold site of 1,051sqm (more or less) on two titles.
A secure, long-term investment not to be missed! Call now for an information memorandum and your appointment to view.

Deadline sale closing 1pm Thursday 28th July 2022 (unless sold prior)