• A modern, quality retail development fully leased to National tenants
• Well-maintained, attractive and functional
• Structured rental growth
• Superb car parking.
• Seismic rating "A" grade
Strategically located on Palmerston North’s busiest Rangitikei Street, this investment property reeks quality and requires attention from those seeking first-class property.
The property comprises of a modern, large-format retail development with two separate buildings entirely occupied.
The northern building is occupied entirely by Harvey Norman. The southern building is portioned into three large retail outlets occupied by Bed Bath and Beyond (part sub-leased to Postie Plus) and Uncle Bills.
Surrounded by strong retail presence such as Countdown Supermarket, Mitre 10 Mega, Crackerjack and Noel Leeming. Superb car parking and structured rental growth completes the picture. They don’t come much better than this.
Boundary lines are indicative only.
Information Source - REINZ