Unlock a remarkable investment opportunity with this high-profile property, boasting a national brand tenant that offers essential services. Positioned in a prime location along a bustling main road in the heart of Palmerston North, this property is set to captivate the attention of savvy investors.
Enjoy the advantage of long lease terms, including rights of renewal for business continuity, ensuring stability and consistent returns. The tenant covenant is robust and reliable, instilling confidence in the investment's security and potential for growth. With bi-annual rent reviews, you can stay ahead of the market and maximise your returns.
Experience the financial benefits of this passive investment property, which acts as a "bottom drawer" asset, effortlessly generating income and contributing to your long-term financial goals. The annual rental, approximately $123,600 plus GST, offers an attractive base, with the potential for additional turnover rent when applicable.
Furthermore, a comprehensive market valuation report is available, providing you with valuable insights into the property's worth and future prospects. As Palmerston North's commercial and residential precincts continue to expand, this strategically located property serves as an ideal addition to any astute investor's portfolio, benefiting from the area's ongoing high-growth potential.
Do not miss out on this exceptional opportunity to acquire a genuine bottom-drawer investment property, securing your financial future with a reliable national brand tenant and a prime CBD location.
Price $2,100,000 plus GST if any
Call Munish - 021 113 9768 today.
Further information will only be provided to genuinely interested parties after a discussion, the vendor advises strict confidentiality.
If you would like to receive any further information regarding this sale, please complete our online confidentiality agreement.
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