Commercial
More from realestate.co.nz:
Agents News

Inner city tenanted investment

205 Courtenay Street, New Plymouth

Investment Opportunities
dollar

Negotiation

Floor area
960m2
Land area
1558m2
Title type
Freehold
On this page:

Map

Property details

Listing # 2601644 | Listed on 6 December 2023

Be quick to secure your next commercial investment located on a busy stretch of the Courtenay Street one way system (SH3). Currently returning $123,204pa net from the longstanding, nationwide distribution tenant. The category ‘B’ seismic rated building is well apportioned with numerous individual offices, staff amenities, and large double bay warehouse with roller door access at each end. All this occupying a high-profile landholding of 1,558sqm (more or less) set across three titles. There is also ample on site carparking to the front of the building with dual road crossings providing easy vehicle ingress/egress. The layout and construction of the property present an opportunity in the future to split the risk with a dual tenancy arrangement, allowing for diversification and potential for increased return on investment. Are you looking for a hands-off investment? Call or email for the information memorandum.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration