Great visible corner investment


1-17 Queen Street, Palmerston North Cbd

By Negotiation

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Great visible corner investment | 1-17 Queen Street, Palmerston North Cbd | 3051419 |      X Close
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Great visible corner investment


If you either driving from the Square through Rangitikei street or from out of town, this visible corner building always stands out. The building has a mix of commercial and residential apartments offering a good investment and only a minutes' walk from the Palmerston North CBD. This is the perfect location if you are looking to invest or create a new development.

Rates: $13,782.62 plus GST

Horizons: $476.56 plus GST

Insurance: $5,661.75 plus GST

Apartments income: $33,020

Ground floor lease $65,000 plus OPEX plus GST (end of lease august 2019).

Outgoings 100% recoverable (excluding ground floor lease)

Land Value: $620,000; Ratable value: $650,000 September 2018

1-17 Queen Street, Palmerston North Cbd

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