• High profile Industrial investment returning $355,239 pa + GST
• Long established tenant with 8 Years remaining on current lease term
• Freehold 7,900sqm (more or less) corner site with multiple buildings
• Built in annual rental growth
This is a wonderful opportunity to secure a high-profile property with an exceptional tenant on a long-term lease with eight years remaining on the current lease term. The long-established tenant has occupied this site for several decades. That says it all. This outstanding industrial investment offers both a high-profile position and a secure long-term tenancy.
The property has recently been extended to provide an additional area of 930sqm (more or less) at the tenant's request. A large storage yard and generous customer car parking complete the picture.
Tender closing 2pm, Thu 13 Mar 2025 (will not be sold prior)
Bayleys Palmerston North,
243 Broadway Avenue,
Palmerston North