Expect a generous provincial yield!

167, Devon Street West, New Plymouth, New Plymouth

By Negotiation

Proposed Usage
Industrial
Floor Area
5096.00 m²
Land Area
3069.00 m²
Description:
Property ID
1c5pfj8

- 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!
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New Plymouth Area