501 Main Street, Palmerston North
By Negotiation
477m2
829m2
+1
CBD investment opportunity
A well-maintained and very presentable property centrally located in Palmerston North's CBD. This two-storey commercial building, built in the 1970's has been updated over the years with its latest refurbishment in 2018. 501 Main Street is fully tenanted, with a mix of both retail and office. A strong walt of 5.7 years with annual growth from both tenancies. This property presents an outstanding opportunity for investors to enjoy immediate returns and benefit from potential future growth. • Land area: 477m2 (more or less) • Floor area: 829m2 (more or less) • Zoned: Commercial • Walt: 5.7 years • Multi tenanted • Disclosures exist
501 Main Street, Palmerston North
Web ID
BC167967
Floor area
829m2
Land area
477m2
District rates
$16,002.06pa
Regional rates
$1,134.64 pa
LV
$830,000
RV
$1,830,000