3 Corbett Road, Bell Block, New Plymouth, Taranaki

Positioned on a prominent 808 sqm corner site at the gateway to the Bell Block industrial precinct, 3 Corbett Road presents an outstanding opportunity to secure a split-risk, dual-tenanted investment.

Benefitting from exposure to both State Highway 3 and Corbett Road, the property comprises two standalone buildings with a combined net lettable area of 339sqm. The improvements include a commercial office and workshop occupied by established home builder, Cavalier Homes, together with a separate three-bedroom residential dwelling, providing diversified income stream and reduced tenant risk.

Returning a combined net annual income of $43,615 (exc GST), this well-positioned investment offers investors an affordable entry point into the commercial property market while benefiting from strong underlying land value, high-profile frontage, and strategic location within the thriving Bell Block industrial area.

For Sale by Negotiation

For more information or to arrange an inspection contact: Benet Carroll

+64 210 289 4537 benet.carroll@collierswgtn.co.nz

Please note: all floor areas are approximated only.

Features:

• Site Area: 808 sqm (approx.)
• Combined NLA: 339 sqm (approx.)
• Dual-tenanted investment with commercial and residential income
• Net Annual Income: $43,615 (exc GST)
• High-profile position with frontage to State Highway 3 and Corbett Road
• Gateway location to the Bell Block industrial precinct
• Affordable entry-level commercial investment with split-risk income

More information: https://www.colliers.co.nz/p-NZL67041545