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Feilding

11 Manchester Square, Feilding, Manawatu

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100sqm Floor area

Auction

10 Year Lease Term - Strengthened to 70% of NBS


- Brand new ten year lease term to a quality national tenant
- Fixed two yearly CPI rent increases for duration of lease
- $38,000.00pa net +GST
- Fabulous character building recently fully refurbished and seismic strengthened to 70% NBS
-Very affordable and rare investment opportunity in the growing rural hub of Feilding

Located in the heart of the Feilding CBD, and near ANZ Bank, Subway, and Liquorland, this quality freehold investment ticks all the boxes. The iconic character building has been strengthened and fully refurbished to a quality standard inside and out - all the hard work has been done. With a long term lease this investment further benefits from strong tenant covenant being part of Thai House group which operates 14 established restaurants throughout the North Island. With Feilding's local economy and property market booming in recent times this very affordable hands-off investment opportunity is a must see. Vendor is committed to selling.

Auction

176 Broadway Avenue, Palmerston North

3

Aug

Time2pm
Calander
Calendar
Bede Blatchford

Bede Blatchford


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Karl Cameron

Karl Cameron


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Lewis Townshend

Lewis Townshend


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Heart of the Feilding CBD

Seismic Strengthened


Fully refurbished and 70% NBS

WF Label 3


WF Description 3