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A140 Molesworth Street, New Plymouth Central
$470,000+ listed in Sep 2015
Commercial for Sale :
Land size: 487 sqm | Building size: 226 sqm [Measure]
Agent: Team Taranaki Ltd Harcourts, New Plymouth

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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
Nearby Schools:
NameTypeDecileDistance
New Plymouth Girls' High SchoolSecondary7853 meters
New Plymouth Boys' High SchoolSecondary71.5 km
Sacred Heart Girls' College (N Plymouth)Secondary81.5 km
New Plymouth S D A SchoolPrimary63.8 km
Mangorei SchoolPrimary104.6 km
>>More schools

The property data is from the public websites.

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