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ID#429738
CBD
New Plymouth
Auction
0
0
Approx
619m²
(≈6,662.85 sq.ft.)
Approx
2,092m²
(≈22,518.08 sq.ft.)
proudly marketed by
Right Royal Investment
Located 1 kilometre west of the New Plymouth CBD, 241 Devon St West has been a liquor outlet over 20 years and is currently leased to Lion Liquor Retail Limited T/a Liquor King on a 5 year lease commencing June 2016 currently returning $64,500pa +GST with rent reviews every 3 years and 5 rights of renewal of 3 years, final expiry 14/6/2033.
The building was recently strengthened and now has a 67% NBS rating (Cat B)
The property occupies a 2092m²(more or less) corner site over two freehold titles with access of both Devon Street West and MT Edgcumbe Street. The building has an approximate footprint of 619m² and up to 20 off street car parks are available.
This is a superb opportunity to secure a prime, low risk investment property that will provide greater returns than current bank interest rates.
Call now for more information and an appointment to view.
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 moreID#429738
CBD
New Plymouth
Auction
proudly marketed by