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New Plymouth

225-229 Courtenay Street, New Plymouth, New Plymouth

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1,534sqm Land area SQM
1,030sqm Floor area

Available vacant possession!


- Current owner-occupier retiring in early 2025
- Excellent exposure to busy thoroughfare
- Versatile large format building. 1,080sqm (more or less)

Now offering a unique opportunity for owner-occupiers and add-value investors. This freehold site spans an impressive 1,534sqm (more or less) encompassing two titles and boasting a wide frontage, providing excellent branding possibilities. The property holds a prime position along New Plymouth's major arterial route, making it a highly sought-after trade and retail destination. It benefits from a constant flow of vehicular traffic, ensuring maximum exposure for any business operating here.

The floor area is well apportioned, comprising a showroom, ground/mezzanine offices and generous warehousing space. This versatility opens doors to various business uses and ensures a well-presented foundation for your enterprise. On-site parking for 14 vehicles is available, offering convenience to customers and staff alike. The property's easy ingress and egress further enhance accessibility, making it hassle-free for visitors to reach your business. The layout and construction of the property present an opportunity to operate from one side and lease the other or split the risk with a dual tenancy arrangement for the add-value buyers out there. This option allows for diversification and increased potential for return on investment.

Priced to sell at $2,100,000 +GST (if any) so don't sleep on this opportunity to secure your future commercial premise!

Asking Price NZ$2,100,000 + GST (if any)
Darryl Taylor

Darryl Taylor

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Iain Taylor

Iain Taylor

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


Freehold 1,534sqm on two titles

Zoning


NPDC mixed-use commercial

Seismic (NBS rating)


Category C seismic rating (65% NBS)

Opportunity


Offers a unique opportunity for owner-occupiers and add-value investors

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