43 Alderson Drive, Palmerston North CBD, Palmerston North

Quality industrial investment - long net lease

Attractive industrial investment leased long term to national tenant - Big Chill Distribution Ltd.

Completed in 2013, this quality industrial has a high seismic rating of 100% NBS. Big Chill have a national network of 9 depots specialising in frozen goods distribution. Located in the growing Manawatu Business Park alongside Foodstuffs, Ezibuy, Filway, and Downer EDI. In addition, there is surplus land of 1,692sqm for expansion.

Net income $456,449 pa plus built in annual CPI growth.

Easy investing with a net lease - tenant pays outgoings.