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Excellent location in New Plymouth town centre with main road exposure, comprising ground floor retail and 2 residential dwellings. Allows for various investment opportunities: mixed-use passive investment, occupy with income or explore development potential. Priced to sell, this is a great opportunity for those looking for their first commercial property investment.
Key features:
− 520m2 (more or less) over 2 levels
− Great car and foot traffic and high demand for residential rentals in the area
− Café/restaurant on the ground floor with new lease in place (3+3+3 years)
− 2 residential tenancies: 3-bedroom apartment and 1-bedroom unit
− Fully tenanted
− 8% yield.
Please contact for the info pack.
For more information please contact:
Elena Mackor
m 021 364 858
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