-$160,000pa net rental with negotiable terms
-Excellent exposure to busy thoroughfare
-Versatile large format building. 1,080sqm (more or less)
Now offering a unique opportunity for astute add-value investors and eventual owner-occupiers. This freehold site spans an impressive 1,534sqm (more or less) encompassing two titles and boasting a wide frontage, providing excellent branding possibilities. The property holds a prime position along New Plymouth's major arterial route, making it a highly sought-after trade and retail destination. It benefits from a constant flow of vehicular traffic, ensuring maximum exposure for any business operating here.
The floor area is well apportioned, comprising a showroom, ground/mezzanine offices and generous warehousing space. This versatility opens doors to various business uses and ensures a well-presented foundation for your enterprise. With a net holding income of $160,000pa currently available, this property offers an attractive proposition to investors. Terms and conditions are negotiable, providing flexibility for potential buyers.
On-site parking for 14 vehicles is available, offering convenience to customers and staff alike. The property's easy ingress and egress further enhance accessibility, making it hassle-free for visitors to reach your business. The layout and construction of the property present an opportunity to split the risk with a dual tenancy arrangement. This option allows for diversification and increased potential for return on investment.
Land area Freehold 1,534sqm on two titles
Zoning NPDC mixed use commercial
Holding income/term negotiable as leaseback until vacant possession available
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