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Cash Flow $160,000 Plus For Sale

696-702 Devon Road, Waiwhakaiho

Warehouse
dollar

POA

Floor area
690m2
Land area
4758m2
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Map

Property details

Listing # NP8020 | Listed on 8 March 2022

Commanding location at the entrance to New Plymouth's Waiwhakaiho shopping centre and commercial/industrial areas. The property consists of two certificates of titles, currently eight tenants with the office block and workshop (two bays) facing Devon Road vacant.

Multi tenanted investment with a huge frontage, great mix of various sized workshops and development opportunity here for you.

Current annual Rental Income $160,797 plus GST. With potential rental income of $185,000 plus with further upside on rent reviews available.

If you are an investor or developer or looking for your own site, here it is.

Land area: 4,758 m2

Building Floor areas: 690m2 approximately

Rates: $20,021.99 annually including GST

Price On Application

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