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ID#368312
Bell Block
New Plymouth District
Auction
proudly marketed by
Split Risk on Corbett Road
Bell Block, New Plymouth
* Currently returning $129,000 net rental
* Fully tenanted investment
* Split risk investment
* Bunnings have just renewed.
The complex comprises two separate tenancies on one substantial freehold site in Bell Block, the heart of New Plymouth's industrial precinct.
Bunnings operate a trade store from the premises, and is the anchor tenant contributing approximately 74% of the total net income. Bunnings have exercised their right of renewal plus their building was recently graced with a new roof. (The scaffolding has just come down).
At the rear of the site, AKA Holdings Limited, who have also just renewed, operate a scrap metal business contributing the balance of the $129,000 net rental.
Holds a current building Warrant of Fitness.
Keywords
Agents
Alan Johnston
Success Realty Taranaki Ltd
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Born in the Waikato educated at Hamilton Boys High A.J. has worked in Te Rapa, Matamata, Hamilton, Blenheim and Wellington before finally settling in the Taranaki in 1987.
A.J. worked for Wrightson as an Accountant for 15 years has a N.Z.S.S.A. Diploma in Business Management and having owned his own business AJ has an empathy with Business owners/purchasers and their needs.
AJ is confidential, listens and has the skills and professional appreciation to assist you whether you are buying or selling a business, a commercial property or leasing a commercial property.
A.J.'s goal is to have happy and satisfied customers in commercial real estate
read moreIain Taylor
Success Realty Taranaki Ltd
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Iain has a wealth of real estate experience having worked in the industry since he was 19 years old. In that time he has worked in all areas of Real Estate, including marketing, residential, commercial and a number of years in the challenging field of Property Management.
Having now decided to specialise in the Commercial and Industrial field, Iain offers a strong customer service ethic, energy and technological expertise to all his clients.
Iain is excited to be part of the Commercial and Industrial team at Bayleys Taranaki and looks forward to working with you.
read moreThis property was photographed by
Mark Harris
North Taranaki Photographer Franchisee
ID#368312
Bell Block
New Plymouth District
Auction
proudly marketed by