Located on "The Hill" in the heart of the CBD, the main retail strip of New Plymouth.
The property is centrally positioned and surrounded by like-minded retailers, commercial businesses, cafes, restaurants and the coastal walkway which spans from Bell-Block to Port Taranaki.
This is an easy, passive investment, with two quality tenants on net leases. The ground floor retail presents a vibrant frontage with the first floor comprising well appointed offices. On-site parking at the rear caps off this superb offering.
The city is quickly becoming the lifestyle capital of New Zealand with a distinctive arts showcase and a growing hospitality/events sector.
This split risk, fully tenanted investment opportunity is one not to be overlooked.
To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/21to23devonstreet
• Centrally located - High profile with good foot traffic
• Two storey proposition with seismic at 67% (2021)
• Split risk across two tenants on net leases
• Current net rental $133,500pa + GST