188 Powderham Street, New Plymouth, New Plymouth

Entry level investment

Whether you're a seasoned investor or a first-timer, we have a generous yield on offer here! Split your risk with two medical-based tenants who are both in the early stages of their three-year terms and provide a combined net return of $62,509.50pa. The floor area of 350sqm approximately is across two levels with Health NZ on the ground floor with Sage and Obstetrics occupying the first.

A category B seismic rating will give you and your tenants peace of mind moving forward. Both tenants have access to plenty of on-site parking for their clients and staff alike. The freehold 1,045sqm site (more or less) is zoned mixed-use suggesting there may be a better and higher use via redevelopment in the distant future. Located on a one-way strip, popular amongst medical professionals, being highly visible and close to the CBD. Call or email today for the Information Memorandum.

Deadline closes 1pm, 27th February 2025 (unless sold prior)