Listing #:1626174003

Prime investment beckons

Location: 48 Harbour Street, Foxton, Horowhenua­, Manawatu / Wanganui
Property use: Developmen­t site
Land area: 4239m2
Rateable value (RV): $880,000
Price: Price by negotiatio­n
We have great pleasure in bringing to the market one of Foxton's prime commercial sites.
This unique location at the southern entrance of the township, has an enviable size of approx 4,239 m2 . It has a combination of leased tenancies and casual small business rentals, so its income is current and further opportunities abound. You can buy and hold, secure in the leased income stream. You can develop other leases for secured income or utilise the scale of the property for more strategic development / investment options. There has been a recent $7 million upgrade of the Community Hub and The Windmill Centre, who are your neighbours, and along with the road upgrade of the Main Street, it certainly sends a positive signal to a discerning property investor. The current owner has worked hard over the years to take it to its current level, however he needs to now move on and sell this opportunity to an energetic and strategic investor. Price by negotiation +SAV (+GST if any)
•Anchor tenants NZ Post and Salvation Army
•Land size 4,239m2
•RV $880,000
•Fully sealed yard

Agency reference #: BC61425
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Price by negotiation
48 Harbour Street, Foxton, Horowhenua, Manawatu / Wanganui
Price by negotiation
Listed: Tue 8 May, 1:50 pm
Kevin Carian
Property Brokers Palmerston North, Licensed Agent (REAA 2008)
  • Contact details
  •  (027) 4304045

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Agent's details

Kevin Carian
  •  (027) 4304045
Property Brokers Palmerston North, Licensed Agent (REAA 2008)
(06) 3565122
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