256 Devon Street East, New Plymouth, New Plymouth

Secure investment, now and into the future

This freehold, standalone, tenanted investment presents a rare opportunity in today's tightly held New Plymouth marketplace.
The property is occupied by established Data Centre and Web Services Company, Our Cloud, which has undertaken significant tenant works to create New Plymouth's only commercially available Data Centre. Our Cloud commenced a six-year lease in February 2019, with two six-year rights of renewal, producing a net rental of $85,000pa.
With a floor area of 370sqm (more or less), the building holds a category "A" seismic rating and has recently received a high quality refurbishment including replacement of the HVAC system. There is rear access from Robbies Lane and five on site car parks.
The prime position, near the prominent intersection of Devon Street East and Eliot Street, offers exceptional exposure to passing vehicles.
A secure, long-term investment not to be missed! Call now for an information memorandum and your appointment to view.