268 Broadway, Marton, Rangitikei, Manawatu

Location and proximity are key features of this property. On offer is a single level building with 275sqm of floor area, situated on approximately 405sqm of land. The property has been faithfully owned by the same family for almost 60 years and is being offered with a sitting tenant. At this level the offering represents a yield on current rent of approximately 8.5%. If you are a developer with an eye for an opportunity then check out this property and maybe even consider combining it with the neighbouring listing as well, check out listing MTC96714. Package these 2 together to get a real foothold in the prime retail section of town, with Countdown as one neighbour and the Fat Rabbit selling gifts and style ware on the other. There is no recorded Heritage status and an IEP and DEE report are available upon request.