56-60 Queen Street, Palmerston North

By Negotiation
590m2
Land Area
429m2
Floor Area

+21

+20

For sale by negotiation

56–60 Queen Street, Palmerston North, is a well-presented commercial investment in a prime CBD location, just off The Square and surrounded by a mix of professional offices, retail, and hospitality operators. The property comprises a two-tenant building with a total floor area of 429m2 on a 590m2 freehold site and is rated at 67% of the New Building Standard (NBS). The building offers a modern, functional layout, with well-maintained office and clinic spaces, strong street presence, excellent signage opportunities, and easy pedestrian access. Both tenancies - Caci Clinic and Studio X - are established national brands, providing a stable income stream with a combined net income of approximately $80,000 per annum. This represents a quality, low-maintenance investment in a high-profile central Palmerston North location.

56-60 Queen Street, Palmerston North

Web ID

BC217281

Floor area

429m2

Land area

590m2

District rates

$9,738.24pa

Regional rates

$714.22pa

LV

$455,000

RV

$740,000

By Negotiation
View by appointment

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Kevin Carian

Kevin Carian

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BC217281

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