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43, Alderson Drive, City Centre, Palmerston North

By Negotiation

Proposed Usage
Floor Area
1504.00 m²
Land Area
7552.00 m²
Property ID

Built in 2013 this attractive industrial investment is leased long term to Big Chill Distribution Limited. Big Chill are a national frozen goods distribution company with 10 depots throughout New Zealand.
The building is located in the popular growing Manawata Business Park alongside Ezibuy, Foodstuffs, Fliway and Downer EDI. In addition, there is surplus expansion land of 1,692m2.

•Long net lease - 12 years lease from 2013
•Modern industrial building - built 2013
•Net income $384,101 pa net - annual rental growth
•Great location - In the heart of Manawatu Business Park

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City Centre Area