Palmerston North Central - CBD investment opportunity

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Location 501 Main Street, Palmerston North Central
Type Office Building
Floor Area 829 m2
Land 477 m2
Listing No # BC167967
Listed 18/10/2023
Views 36

Description

A well-maintained and very presentable property centrally located in Palmerston North's CBD. This two-storey commercial building, built in the 1970's has been updated over the years with its latest refurbishment in 2018. 501 Main Street is fully tenanted, with a mix of both retail and office. A strong walt of 5.7 years with annual growth from both tenancies. This property presents an outstanding opportunity for investors to enjoy immediate returns and benefit from potential future growth.

  • Land area: 477m2 (more or less) • Floor area: 829m2 (more or less)
  • Zoned: Commercial
  • Walt: 5.7 years
  • Multi tenanted
  • Disclosures exist

Contact our agents

David Looney

P: 06 35 7 4989
M: 027 44 6 2889
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Property Brokers Limited (Licensed: REAA 2008) - Palmerston North

240 Broadway Avenue
Palmerston North , 4414
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Kate Looney

M: 021 51 7 340
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Property Brokers Limited (Licensed: REAA 2008) - Palmerston North

240 Broadway Avenue
Palmerston North , 4414
View Listings


RealEstate Agents contact details and original listing on www.realestate.co.nz - Listed 18/10/2023

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