41-43 Bennett Street, Cloverlea, Palmerston North

By Negotiation
14,377m2
Land Area
1m2
Floor Area

+1

14,377m2 industrial land

• 60m frontage to Bennett St • Possible drive-through via adjoining site • Land or development available for lease or sale • Neighbours include Allied Pickford and Fonterra

41-43 Bennett Street, Cloverlea, Palmerston North

Web ID

BC30062

Floor area

1m2

Land area

14,377m2

By Negotiation
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Garry Doyle

Garry Doyle

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Property enquiry

Property enquiry for
BC30062

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BC193943

Large warehouse buildings seldom come available, with central location, direct links to main highways in and out of Palmerston North. The warehouse has water sprinklers and open span with 5m plus stud height. Great access with nine roller doors. Four level doors with the yard surface. Five recessed doors for trucks. • 4,775m2 high stud warehouse • 217m2 canopy • 179 m2 office and toilets • 3,000m2 secure, sealed yard (all measurements more or less) For further information please call Property Brokers

By Negotiation
BC30062

• 60m frontage to Bennett St • Possible drive-through via adjoining site • Land or development available for lease or sale • Neighbours include Allied Pickford and Fonterra

By Negotiation
BC202976

46A Bennett Street is a minute's drive from SH3 - Rangitikei Line in the Cloverlea industrial area, with a residential neighbourhood nearby. The property offers a very well-maintained, modern building with a floor area of 339m2 (more or less) on a land area of 1010m2 (more or less). This industrial property is equipped with a new solar power system. Power is exported to the national grid when minimal power is used on weekends, after hours and public holidays. The system has an expected life span of 30 years, a 3-phase power sprinkler system, extra heavy-duty double-glazed windows, sound-proofed ceilings and walls, a monitored fire alarm and security system, a sizable rear yard, ample parking and a safe pick-up and drop-off zone is ideal for this long-term tenant, Little Acorns Childcare, to operate from. In 2018, a structural performance upgrade was undertaken on the building as part of the building alterations work. Report available upon request. With a 12-year lease in place from the commencement date of 1st June 2024 and the 2% CPI rent increase on the 1st June 2025, the tenant paying 100% of the outgoing cost, this offers a sound investment in a well-maintained, modern property that could lend itself to many other uses in the future.

Tender 28 May 2025

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