46A Bennett Street, Cloverlea, Palmerston North
price TBC
1,010m2
339m2
For sale childcare centre investment property
46A Bennett Street is a minute's drive from SH3 - Rangitikei Line in the Cloverlea industrial area, with a residential neighbourhood nearby. The property offers a very well-maintained, modern building with a floor area of 339m2 (more or less) on a land area of 1010m2 (more or less). This industrial property is equipped with a new solar power system. Power is exported to the national grid when minimal power is used on weekends, after hours and public holidays. The system has an expected life span of 30 years, a 3-phase power sprinkler system, extra heavy-duty double-glazed windows, sound-proofed ceilings and walls, a monitored fire alarm and security system, a sizable rear yard, ample parking and a safe pick-up and drop-off zone is ideal for this long-term tenant, Little Acorns Childcare, to operate from. In 2018, a structural performance upgrade was undertaken on the building as part of the building alterations work. Report available upon request. With a 12-year lease in place from the commencement date of 1st June 2024 and the 2% CPI rent increase on the 1st June 2025, the tenant paying 100% of the outgoing cost, this offers a sound investment in a well-maintained, modern property that could lend itself to many other uses in the future.
46A Bennett Street, Cloverlea, Palmerston North
Web ID
BC202976
Floor area
339m2
Land area
1,010m2
District rates
$9,971.92pa
Regional rates
$1,120.93pa
LV
$480,000
RV
$1,490,000
price TBC
Print property flyer
View by appointment
Contact
Property enquiry
About the location
You might also like
3
1
1
This lovely light filled home, set on a full section is for sale. Recently painted inside and out, so that will free up your weekends. Delightfully low maintenance, aluminum windows, insulated, and sunny open plan living. The kitchen has been modernised, three bedrooms, the master has a walk-in wardrobe and the bathroom is stunning. It's a fantastic first home in very popular Cloverlea cul-de-sac. A garage on a family sized 658m2 site completes the picture. It's a wonderful family/couple's home or investment property, so do come see me at the open home.
Buyers $529,000+
3
1
1
An outstanding opportunity to procure a sensational family home. Enjoy long summer days and weekends entertaining friends and family. Create memories this summer playing with kids in the fully fenced section, extra room* available to use as an additional bedroom or set up a home office. With an easy-to-work-with floor plan, this three bedroom home is in perfect condition to live in or rent out whilst you plan for your future. The open-plan kitchen, dining, and living areas open out to the deck. The home further boasts new flooring in the living area, a log fireplace, a stand-alone bathtub, and established landscaped gardens. Situated on a corner site, this is ideal for home renovators/builders or savvy investors to capitalise on this affordable offering in a low developed, yet growing community - this home optimises opportunity. There may be some flexibility if you wish to sell your home before you purchase.
Buyers $499,000+
3
1
2
Endless opportunities for the home handyman, grab your tool belt and stamp your personal touch on this solid 1970s brick home. Offering sizable living and functionality with a spacious separate family kitchen and dining, family chill zone or home workspace and formal lounge with freestanding wood burner including heat transfer and HRV. Consisting of three generous bedrooms all complete with double robes. With a classic 1970s bathroom, this is an area where you can add real value with a full renovation and reconfiguration. Enjoy your summers entertaining family and friends on the private patio knowing the kids are safe and secure in the fully fenced section, and includes excellent garaging perfect for all the toys. This is one you don't want to miss. Call today for your priority viewing. RV $720,000.
Buyers $539,000+
Request for information files
