'A' grade multi tenanted investment

New Plymouth, New Plymouth

Tender

Proposed Usage
Industrial
Floor Area
1538.00 m²
Land Area
1164.00 m²
Description:
Property ID
1c5pfjv

•Three tenants returning a net rental of $333,239pa +GST
•High profile corner position on New Plymouth's main street
•Category 'A' seismic rating
•Boutique Hotel and nationwide hospitality operator as tenants

This freehold, standalone tenanted investment presents a rare opportunity in today's tightly held New Plymouth marketplace.

Currently returning $333,239pa net, anchored by long term leases to the boutique fifteen room State Hotel on the first floor and a well-respected, nationwide Hospitality Group on the ground floor.

The prime, north facing position, at the intersection of Devon Street East and Gover Street, in close proximity of KFC, Burger King and a number of other nationals tenants, offers exceptional profile and foot traffic to what is considered to be one of the city's leading hospitality spots.

Don't miss your chance to secure this superbly maintained passive investment. Call today for more information.

https://www.joes.co.nz/restaurants/new-plymouth/

https://www.littleglutton.co.nz/

http://goverst.co.nz/

https://www.thestatehotel.co.nz/.

Enquire about this property

New Plymouth Area