77 Fergusson Street, Feilding
By Negotiation
403m2
370m2
Main Street entry level investment
Located on Feilding's main shopping street in the heart of the CBD, this quality building is the perfect entry level commercial investment. Currently utilised as an online clothing distribution hub and a convenience store with a combined nett rental of $48,085 pa + GST. The building is not classed as earthquake prone under the current regulations. There is one tenancy leased from June 2024 on a 1+1+1 year lease term and the other from July 2022 on a 3+3 year term with final expiry dates being March 2027 and June 2028. Total nett rental of $48,085 plus GST. Call now for further information, the vendor is motivated to sell, grab this great opportunity to invest in the vibrant town of Feilding.
77 Fergusson Street, Feilding
Web ID
FC175770
Floor area
370m2
Land area
403m2
District rates
$12,613.50pa
Regional rates
$510.83pa
LV
$380,000
RV
$750,000
By Negotiation
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With nine lots already sold there is just one lot remaining in this high profile development close to the Feilding CBD and on the main arterial route of town. On the doorstep of Manfeild Park, home to motor sport, equestrian events, CD Field days and many other local events and adjacent to the Feilding sale yards and other rural based businesses. This is your opportunity to develop a purpose built premises for your business situated alongside other successful Feilding businesses who are relocating to this site, which includes a local plumbing business, professional offices, a local flooring company and a Church Community Centre. Feilding is experiencing strong growth, the vibrant town has a population of approx. 17,000, and just 15mins drive to Palmerston North a major distribution hub for the central North Island. Call now for further information, this is a rare opportunity to purchase freehold land close to the town centre.
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