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Premium Commercial Asset

462 Devon Street West, Lynmouth

Warehouse
dollar

Negotiation

Floor area
589m2
Land area
1m2
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Map

Property details

Listing # NPC03019 | Listed on 17 November

Positioned on the bustling Surf Highway, just south of the New Plymouth CBD, this modern, purpose-built property combines high-quality construction with exceptional versatility and will be an excellent opportunity for a range of property investors.

There are two well established tenants, one for the main building and the other for the advertising sign.
The main tenant has recently re-signed a new 3 year lease with a right of renewal.

Built 10 years ago, the 589sqm building offers a high-stud workshop/warehouse, multiple offices, reception, multi-use spaces, boardroom, kitchenette and amenities. Polished concrete and carpeted flooring, along with heat pumps throughout, ensure a professional and comfortable environment.

Set on a generous 1,378sqm site, there is ample onsite parking and room for expansion. The property also features an electronic signboard generating the second source of income, capturing the attention of several hundred vehicles passing daily, making it a highly visible and valuable asset.

Key Features:

  • 589sqm modern building with high-stud workshop
  • Two well established tenancies giving a split income stream
-1,378sqm site with ample onsite parking and room for expansion
  • Electronic signboard providing additional income and strong exposure

Call today for more information.

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