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McDonald Real Estate Limited, (Licensed: REAA 2008)

462 Devon Street West, Lynmouth

Price by negotiation

Listing Description

Listed: Mon, 17 Nov

Premium Commercial Asset

462 Devon Street West, Lynmouth, New Plymouth, Taranaki

Price by negotiation

Details

  •   589m² Floor
  •   1378m² Land
AttributeValue
Property use
Industrial
Agency reference
NPC03019

Description

Positioned on the bustling Surf Highway, just south of the New Plymouth CBD, this modern, purpose-built property combines high-quality construction with exceptional versatility and will be an excellent opportunity for a range of property investors.

There are two well established tenants, one for the main building and the other for the advertising sign. The main tenant has recently re-signed a new 3 year lease with a right of renewal.

Built 10 years ago, the 589sqm building offers a high-stud workshop/warehouse, multiple offices, reception, multi-use spaces, boardroom, kitchenette and amenities. Polished concrete and carpeted flooring, along with heat pumps throughout, ensure a professional and comfortable environment.

Set on a generous 1,378sqm site, there is ample onsite parking and room for expansion. The property also features an electronic signboard generating the second source of income, capturing the attention of several hundred vehicles passing daily, making it a highly visible and valuable asset.

Key Features:

  • 589sqm modern building with high-stud workshop
  • Two well established tenancies giving a split income stream
  • 1,378sqm site with ample onsite parking and room for expansion
  • Electronic signboard providing additional income and strong exposure

Call today for more information.


Property Files

Russell Atkinson

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Agent's details

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McDonald Real Estate Limited, (Licensed: REAA 2008)

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