Colliers is proud to bring this exceptional industrial investment opportunity to the market.

This impressive design-built premises offers a premium corner site investment, constructed by well-regarded Paul Robertson Builders.

The property is approaching completion and provides a commencement net income of $190,000 per annum plus GST and outgoings.

With biennial rental reviews, this investment opportunity offers potential for future rental uplift and sustained strong cash flow.

Strategically positioned on the corner of Milson Line and Malden Street, the property sits prominently, commanding a presence on one of Palmerston North's main thoroughfares. The surrounding areas are a mixture of light and heavy industrial, making it highly sought-after by tenants.

The tenant, All Road Adventure, are the regional exclusive motorcycle dealership for global brands Indian, Royal Enfield and more.

For more on the opportunity, contact the Colliers team today.

(Note. Floor and land areas are indicative only. Images are artist renders).

Features:

• New building offering 100% NBS seismic rating
• Comprehensive showroom, office, workshop, and yard package
• Estimated commencement date: 1 August 2025
• Net income: $190,000 per annum plus GST and outgoings
• Commencement date: Date of confirmation (expectation is 1 August 2025)
• Rent reviews: Two yearly CPI rent reviews (excluding market rent review dates), with market reviews at years 5, 10 and 15
• Considerable 83m frontage (more or less)
• Land area: 2,003 sqm (more or less)
• Floor area: 744 sqm (more or less)
• Lease and structural plans are available on request

More information: https://www.colliers.co.nz/p-NZL67034796