11 Sheffield Street, Paraparaumu, Kapiti Coast

Investment with upside

The current tenant has occupied this property for the past 24 years and have just committed to a new 3 year lease with further rights of renewal.
Located in the industrial heart of Paraparaumu, this area has come under increased demand since the opening of the new Expressway which runs alongside the property.
The upside is that if the tenant ever did decide to leave then there is potential to further develop this large site.
For further information and supplementary documents please visit: http://www.propertyfiles.co.nz/sheffieldstreet

• 1,264sqm building on 3,216sqm land
• New 3 year lease to existing long term tenant
• Great exposure to Expressway
• RV $1,380,000