120 Putiki Drive, Putiki, Whanganui

Quality investment property

An opportunity here, sitting alongside state highway 3 this fully tenanted property is on the market to sell. Leased $80,000 + GST + OPEX, lease renewed until 31st October 2021 with two further rights of renewal, expected return on investment between 7.5% and 8.5%.

Total building area 990 sqm on a 6070 sqm section zoned industrial with exposure to state highway 3, location sits alongside the turn off to the Whanganui Airport. Five minutes to the centre of Whanganui.

This one is one out of the box

To be tendered. All tenders delivered to Bayleys Whanganui, 158 Wicksteed Street, Whanganui on the 17th December 2018 @ 2.00pm.