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Whanganui City

65 Plymouth Street,Whanganui, Whanganui City, Whanganui

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260sqm Floor area
520sqm Land area SQM

Auction

Passive easy care investment


Home to two well established tenants this modern low maintenance investment property ticks all the boxes for those wanting a spread of risk, long term net leases, and built-in rental growth.

With great parking at the door, a location that is easily accessed from anywhere in the city, interiors that offer the latest in data cabling, energy efficient lighting and much more, this is the sort of property that you can rely on to perform for years to come, making it the ideal bottom drawer passive investment.

To obtain copies of all supplementary documents please register your details at
https://www.propertyfiles.co.nz/property/65plymouthstreet

• Two long term leases
• Tenants pay all outgoings
• Built in rental growth
• Net income of $63,922pa + GST

Auction

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

23

Sep

Time11am
Calander
Calendar
James Higgie

James Higgie


Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Russell Duggan

Russell Duggan


Bartley Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Affordable


Total annual net income $ 63,922 + GST

Long term


5 year lease terms with rights of renewal

Modern Building


Built in 2019 to be maintenance free

Net leases


Tenants pay rates, insurance etc.

Split risk


2 tenants, one with personal guarantees