New Plymouth Median PriceNew Plymouth Median Rent | A140 Molesworth Street, New Plymouth Central | |
| ![](http://images15.realestate.co.nz/listings/2630217/d2e069dedcd9e5bcfedb82a3dfb09661.pad-ededed.120x90.jpg) More Photos |
Map | Street view | Nearby | Property Description: | Purchase this investment now and watch your rental growth grow, better than money in the bank compared to today's deposit interest rate and terms. Better than a residential rental and an easy care low maintenance modern building. Well built building by the current vendor as an automotive sales/rental yard and workshop with the three rear walls being concrete tilt panels, built about 2006. Property is leased to March 2021, with current rental at $26,000.00 per annum plus GST and the rates and Insurance paid by the tenant. The UPSIDE rent increases to $28,000 .00 per annum plus outgoings at 3rd March 2016. Then annual rent reviews at 3 March 2018, 2019 and 2020. Secure your investment now. Land area: 487m2 Building area: 226m2 Parking: Six For sale: $470,000 plus GST |
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