205 Courtenay Street, New Plymouth, New Plymouth

Inner city tenanted investment

Be quick to secure your next commercial investment located on a busy stretch of the Courtenay Street one way system (SH3). Currently returning $123,204pa net from the longstanding, nationwide distribution tenant. The category ‘B' seismic rated building is well apportioned with numerous individual offices, staff amenities, and large double bay warehouse with roller door access at each end. All this occupying a high-profile landholding of 1,558sqm (more or less) set across three titles. There is also ample on site carparking to the front of the building with dual road crossings providing easy vehicle ingress/egress. The layout and construction of the property present an opportunity in the future to split the risk with a dual tenancy arrangement, allowing for diversification and potential for increased return on investment. Are you looking for a hands-off investment? Call or email for the information memorandum.