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139 and 139A Main Street, Pahiatua, Tararua, Manawatu, 0 bedrooms, 0浴, Office Building

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139 and 139A Main Street, Pahiatua, Tararua, Manawatu

353m2
568m2
Office BuildingListed on Wed Apr 10
$2,971/Monthly repayments
Based on estimate value
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Pahiatua 139 & 139A Main St, Pahiatua

This property sits proudly on Main Street , with a long standing , stable tenant that services the wider rural community of the area with their services.

• Land area 568 m2

• Building area 353 m2

The building comprising of various size office spaces, both individual and open plan, board room, filing room, reception area , staff room and conveniences. It has been well cared for and maintained throughout the tenancy, with any maintenance quickly remedied to maintain a high standard of function and appearance, brick with aluminium joinery to the rear portion of the building. The property has six car parks to the rear of the property, via the rear access lane. A new five year term has just been signed with the tenant, bringing a nett return of $40,000 per year. (All outgoing costs are paid by the Tenant). A further term of five years is available to the tenant, Final expiry date 31st March 2034. This property shows a great return on investment (circa 9.5%) on the asking price. For further information, please call Property Brokers.

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Ref:BC181316Last update:2024-04-13 14:35:40