Sitting proudly in the prime commercial/industrial heart of Palmerston North's popular Tremaine Avenue this property has three tenants, anchored by a national brand occupying the largest tenancy. With the average lease term being over 4 years and with a detailed seismic assessment report showing the building being 70% NBS this property presents as a very attractive investment.
The total building floor area is approx 1,161m2 with yard area and car parking.
The net annual income is $79,000.00 pa.
For Sale by Deadline Private Treaty. Offers Close 4:00pm Thursday 5th Dec 2019. Call now for full details.