Square to Cuba

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.

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Main Property Features

Listing Number: PN4703

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.
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Harcourts Palmerston North

Team Manawatu Realty Ltd

Licensed REAA 2008

252 Broadway Avenue
Palmerston North
Office website or View office details

Property Location