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Square to Cuba

Palmerston North Central, 158 The Square

Price by Negotiation

Listing Number: PN4703
About this listing
Running from The Square through to Cuba Street this property has holding potential. Passing net rental circa $132,000 p.a with 4 tenants and one small vacancy.
Fantastic location and with projected streetscape improvements to both The Square and Cuba Street the appeal can only improve.
With a seismic assessment (DSA) in the range of 10 to 15% NBS the option here is to strengthen building or redevelop site with a holding income in the meantime.
Call now for copy of information memorandum or to view.
Property Information
  • Land Size: 1016 sqm
  • Property Type: Office, Retail
  • Approx Floor Area
    • Office Square Metres: 1722
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • OPEX $: $44,000 Approx
  • Tenancy: Additional Details: All areas are approximate only.

Contact Details

Property Location

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