20 Fitzherbert Avenue, Palmerston North, Palmerston North

Diversified investment -CBD car parks & Office

• CBD car parking facility with tenanted office accommodation
• Annual net income $94,278.00 + GST
• Geneva Healthcare as the office tenant
• 38 car parks (20 covered parks)
• Growing demand for CBD parking

Offering an easy-care investment with strong cash flow from professionally managed car parking and Gevena Health, this diversified property presents a unique passive investment sought by many.

Located 80 metres from the heart of Palmerston North's CBD (The Square), the property is surrounded by large office accommodation and retail properties. With a lack of parking attached to many of the surrounding buildings, this inner-city car parking facility is a welcomed solution.

The property is further complemented by Geneva Health, which is tenanting 300 sqm (more or less) of superb office accommodation with a professional fit-out of glass and aluminium joinery throughout.

Solid opportunities of this calibre are rare, so don't miss the chance to arrange an inspection today.