601C Tremaine Avenue, Palmerston North, Palmerston North

Rare - High profile Industrial unit

• Tenanted investment
• NBS 70% (June 2016)
• Profile plus
• Unit title
• 217 sqm floor area- retail, office, warehouse, storage
• Net rental - lease returning $29,600 per annum + Outgoings + GST

Built in 1997, this modern industrial unit boasts versatility with trade, retail, training or light industrial possibilities.

Located in an enviable high-profile position on Tremaine Ave, this proximity enjoys the main arterial road servicing the principal trade and industrial area of Palmerston North City.

Currently tenanted with short term lease in play, this property ticks all the boxes boasting a generous reception and showroom/training area, heat pump, large main office, training room, smaller office, staffroom with kitchenette, toilet and washroom, 60 square meter (approx.) high stud warehouse at the rear with high roller door (electric), and full drive around access. Store located adjacent to the warehouse, the building is alarmed (monitored). A mezzanine floor above the warehouse is useful value-add, requires consenting.