This premium property would have to be considered one of the very best stand-alone commercial properties in Paraparaumu.
Constructed in 2014 with a 90% NBS rating, 129 Rimu Road, presents an A-grade presentation with superior quality finish and a first-class tenant mix. The building is occupied by APHG NZ (Awanui Labs) and Web Genius, (with Pou Architecture subleasing), demonstrating a proven ability to attract and retain quality professional tenants over the long term.
For investors, the fundamentals are compelling, $254,476.49 net annual income, established tenants, structured lease arrangements and rental growth provision, all within a premium, low-maintenance property.
With a commanding position on one of the optimal sites along Rimu Road in the heart of the town centre, this location affords the tenants outstanding profile and generous client and customer parking onsite.
This property makes a statement positioned right next door to Forsyth Barr and Kapiti Chartered Accountants and surrounding Coastlands Shopping Centre, Kapiti Coast District Council, Kapiti Law, Wakefields Law, Kennedy Accounting and an established network of professional and commercial occupiers.
This low-maintenance, established profile, with a strong-historical leasing tenure, will continue to be a clear choice for astute tenants who demand the very best in property function and aesthetics, future proofing the overall financial performance of this investment.
A true gem on the Kapiti Coast – this investment demands attention from those seeking a trophy asset to be proud of.
For more information or to arrange a viewing contact:
Dean Anderson on 021 244 2931 dean.anderson@colliers.com
Jo Stewart on 027 641 1680 jo.stewart@colliers.com
*Please note all areas and values are approximate only.
Features:
- Strong annual net income
- Premium A-grade presentation
- Established professional tenants
- Prime central location
- Low maintenance investment
More information: https://www.colliers.co.nz/p-NZL67043134
