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Large Format Solid Investment.

187-191 Devon Street East, New Plymouth

Retail Property
dollar

Negotiation

Floor area
1380m2
Land area
1046m2
Title type
Freehold
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Map

Property details

Listing # NPC02183 | Listed on 9 October

Prime Devon Street Investment - Secure, Proven, and Hard to Beat
Opportunities like this don't come up often.
This high-quality Devon Street East property is home to long-standing national tenants, Carpet Court and Curtain Studio, who've been here for years and show no signs of slowing down.
Perfectly positioned in one of New Plymouth's most sought-after retail areas, the building enjoys excellent exposure, strong neighbouring businesses, and great access from both the street front and rear - including on-site parking and generous basement storage.
The lease offers built-in rental growth, backed by an A-grade seismic rating and low-maintenance construction - making this a solid, stress-free investment.
If you're in the market for a quality commercial property in the $2,000,000+ range, with an expected yield around 6-6.5%, this one deserves your attention.
Get in touch today for full lease details, the information memorandum, or to arrange a private viewing.

Highlights:
•Long-term national tenant (Carpet Court & Curtain Studio)
•Prime CBD retail location
•A-grade seismic rating
•Built-in rental growth

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