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Palmerston North CBD

275 Main Street, Palmerston North CBD, Palmerston North

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2,204sqm Land area SQM

Private Treaty

Ground lease - freehold interest


Look what we have found. Ground lease freehold interests are very rare.
Perpetually renewable 20 year lease. 2,204sqm corner site.
Tenant pays rent and all outgoings.
All improvement are owned by the Tenant.
The ultimate hands free investment.
To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/275mainstreet
• Perpetually renewable ground lease
• Current term expiry December 2034
• Net rental $50,890pa + GST
• Tenant pays all outgoings

For Sale by Deadline Private Treaty

Level 14, The Bayleys Building, 36 Brandon Street, Wellington

2

Dec

Time4pm
Calander
Calendar
Mark Sherlock

Mark Sherlock


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Karl Cameron

Karl Cameron


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

Features

2,204sqm


Corner site

Great location


Close to Palmy's CBD

Land only


We are selling the land only

Nothing to manager


Hassle free investing