Palmerston North Central - Affordable commercial investment opportunity

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Location 96 Princess Street, Palmerston North Central
Type Retail Property
Floor Area 900 m2
Land 491 m2
Listing No # BC175508
Listed 13/12/2023
Views 34

Description

This very tidy property is well situated in Princess Street, Palmerston North has a long-term anchor tenant. It has one tenant Central Rentals, on the ground floor and three on the first floor. This investment property would suit an investor looking to enter the commercial property market or grow their current portfolio. This is a very well-maintained, modern building with two levels and a floor area of 900m2 (more or less) and a land area of 491m2 (more or less).

  • Multi tenanted • Rent $104,851 pa net plus GST
  • Long-term anchor tenant
  • CPI + market rental growth
• 83.8m2 covered loading bay

Contact our agent

Kevin Carian

M: 027 43 0 4045
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Property Brokers Limited (Licensed: REAA 2008) - Palmerston North

240 Broadway Avenue
Palmerston North , 4414
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RealEstate Agents contact details and original listing on www.realestate.co.nz - Listed 13/12/2023

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