Bayleys Real Estate Ltd
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New Plymouth

205 Courtenay Street, New Plymouth, New Plymouth

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960sqm Floor area
1,558sqm Land area SQM

For Sale by Negotiation

Inner city tenanted investment


Be quick to secure your next commercial investment located on a busy stretch of the Courtenay Street one way system (SH3). Currently returning $123,204pa net from the longstanding, nationwide distribution tenant. The category ‘B' seismic rated building is well apportioned with numerous individual offices, staff amenities, and large double bay warehouse with roller door access at each end. All this occupying a high-profile landholding of 1,558sqm (more or less) set across three titles. There is also ample on site carparking to the front of the building with dual road crossings providing easy vehicle ingress/egress. The layout and construction of the property present an opportunity in the future to split the risk with a dual tenancy arrangement, allowing for diversification and potential for increased return on investment. Are you looking for a hands-off investment? Call or email for the information memorandum.

Darryl Taylor

Darryl Taylor

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Iain Taylor

Iain Taylor

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Seismic (NBS rating)


Category ‘B’ seismic rating

Parking


Ample on site

Land area breakdown


1,558sqm across three titles (more or less)

Add value


Potential to split and multi-tenant in the future

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.