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Terrace End

ID BC63102
Tender   14 March 2019   |   Property Brokers Limited, 240 Broadway Avenue, Palmerston North   |   4:00pm

Rare Opportunity

Investments of this calibre rarely come to the market. Located on one of the city's busiest streets, this high-profile modern building offers investors a rare opportunity to purchase a fully tenanted iconic Palmerston North property. 751-759 Main Street is beautifully presented with a modern, spacious layout with plenty of natural light. Both tenants and customers are spoilt for choice with a well thought out building layout of 1,368m2 and 24 off-street car parks. With a seismic rating of 100% NBS and a solid income stream of $382,077 net per annum, this has to be one of the best investment opportunities to come to the market in years. •New modern building with the latest technology •$382,077 net rental •Seismic rating of 100% NBS •24 carparks •Fully tenanted with four tenants on new leases •LIM report and valuation available upon request •WALT 5.12 years
Features
Area | 1368.00m2Land | 2023 m2LV | $1,450,000RV | $3,330,000
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Blair Alabaster

M  027 590 5511  P  06 326 7111

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Blair Alabaster
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