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Listing Description
Listed: Tue, 22 Apr
Investment Opportunity in New Plymouth Central
11-13 Robe Street, City Centre, New Plymouth, Taranaki
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Capital value (CV) | $1,140,000 |
| Agency reference | NPC02873 |
Description
Positioned in the heart of New Plymouth's bustling commercial precinct, 11-13 Robe Street offers a rare investment opportunity with excellent exposure to high foot and vehicle traffic. Ideally located near key institutions including the New Plymouth Courthouse, Police Station, and Corrections, and surrounded by quality retail and dining options, this property is perfectly placed for ongoing tenant demand.
The 365m2, two level building has been meticulously maintained, showcasing a tidy and professional interior and exterior, enhanced by a new roof and recent seismic strengthening. With three well-established tenants already in place, the property delivers a solid, reliable income stream of $94,180.00 per annum.
Shared facilities are well-kept, and the building benefits from both onsite parking underneath and ample street parking nearby.
Whether you're an investor looking for a hands-off asset or seeking a high-performing commercial property in a sought-after location, 11-13 Robe Street ticks all the boxes.
The vendors are realistic and open to pricing that provides a 7%+ yield.
For a full IM and an appointment to view call today.
Property Files
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Russell Atkinson
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