Palmerston North Central / Manawatu

Palmerston North Central - $2,100,000

Web Ref #33501
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Particulars

Address:
Palmerston North Central
Price:
$2,100,000
Listing ID:
33501
Category:
Commercial Land

Prime Freehold Rental: National Tenant

Seize a distinctive investment chance with this prominent property featuring a national brand tenant offering essential services. Located on a bustling main road in Palmerston North, it's a prime spot for savvy investors.

Benefit from extended lease terms, including renewal rights for business continuity, ensuring stability and consistent returns. The strong and reliable tenant covenant instils confidence in the investment's security and growth potential. Bi-annual rent reviews allow you to stay ahead and maximize returns.

This passive investment property, generating income effortlessly, becomes a valuable asset contributing to your long-term financial goals. The annual rental, around $123,600 plus GST, provides a solid base with the potential for additional turnover rent when applicable.

A comprehensive market valuation report offers insights into the property's worth and future prospects. Positioned strategically in Palmerston North's expanding commercial and residential precincts, this property is an ideal addition for any astute investor, benefiting from the ongoing high-growth potential in the area.

Don't miss out on this exceptional chance to secure a genuine bottom-drawer investment property, ensuring 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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Particulars

Address:
Palmerston North Central
Price:
$2,100,000
Listing ID:
33501
Category:
Commercial Land
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