116-120 Napier Road, Terrace End, Palmerston North

Exceptional showroom/warehouse with upside

Expression of Interest (unless sold prior) closing 4pm, Thursday 29 November 2018.

• High profile corner site on Palmerston North's main arterial route
• 806sqm (more or less) of showroom and warehouse to occupy or add value
• Current income from Cafe $30,500.00 pa +GST
• Seismically assessed at 69% NBS

Occupy or add value to this well presented showroom and warehouse on Palmerston North's main arterial route. Big upside here.

A freehold corner site of 2,839sqm (more or less) zoned industrial with 24 car parks and yard space.

The vacant area to occupy or add value to includes 636sqm of showroom, 170sqm of storage and 315sqm of yard space (all sizes more or less). With income from the Cafe lease and a committed vendor makes for a compelling opportunity.