Expect a generous provincial yield!
167, Devon Street West, New Plymouth, New Plymouth
- Proposed Usage
- Floor Area
- 5096.00 m²
- Land Area
- 3069.00 m²
- Property ID
- International tenant OMV New Zealand
- 3,069sqm site / 5,096sqm buildings
- Impressive annual rental $924,496.96 + GST & Outgoings
- Iconic New Plymouth building
- B Grade Seismic Rating
- 37 on site car parks
Strategically located in the New Plymouth city centre, this property comprises a three level office building plus an eight level office tower that are interlinked and situated on a sizeable high profile freehold corner site.
The property is leased to OMV New Zealand who is one of the country's largest liquid hydrocarbon producers, the largest gas producer and a major explorer in a number of offshore basins around New Zealand, particularly the Taranaki basin.
Seldom do commercial opportunities of such a super size come to the market in the infamous "oil town" of New Zealand which may well reward an investor with a generous provincial yield!