Lot 24 - 26 Devon Street East, New Plymouth, New Plymouth

First time investors should inspect

Asking price $425,000 + GST (if any)

Located in the heart of New Plymouth's CBD lies 24-26 Devon Street East a property having 251sqm (more or less) of prime New Plymouth land with a building having an approximate floor area of 190sqm.

A new lease commenced 1/11/15 with an initial term of 4 years with rights of renewal ( 2 of four years) and a current net rental of $37,156.60 per annum with the tenant paying all outgoings.

The building has been well maintained with a new roof being the latest major spend back in 2010/2011.

An initial Seismic assessment has been carried out and according to the records held with the NPDC the building has a Category C rating.

Call us today to book your inspect.