709A Tremaine Avenue, Milson, Palmerston North, Manawatu / Whanganui

Colliers are pleased to present for sale 709A Tremaine Avenue, Palmerston North, an affordable and well-positioned commercial investment opportunity.   The property is securely tenanted by well-known local company Inhouse Computers, providing investors with immediate and reliable income.   With approximately five years remaining of the lease term, this asset offers strong medium- to long-term value and minimal management requirements.   Ideally located on one of Palmerston North’s main industrial arterials, the property benefits from excellent exposure and accessibility.   The vendor is seeking to simplify arrangements ahead of retirement, presenting a genuine opportunity for investors to acquire a proven, set-and-forget commercial holding.   All enquiries and arrangements to undertake inspections to be directed to the sole agents.   (Note: All measurements and specifications are approximate only).

Features:

• Net rental $54,601.58 per annum (plus GST)
• Floor area 340sqm
• Industrial zoning
• Rating value $850,000

More information: https://www.colliers.co.nz/p-NZL67039496