200 John F Kennedy Drive, Milson, Palmerston North
price TBC
3,111m2
2,030m2
Perfectly positioned industrial investment
Property Brokers presents for sale this multi tenant industrial investment, perfectly positioned at 200 John F Kennedy Drive in Palmerston North. The 3111m2 (more or less) freehold site is zoned Industrial (7A), located on the northern fringe of Palmerston North and is close to the main arterial routes. The building has 2030m2 (more or less) of floor area and each tenancy has high stud warehouse space, large roller doors, offices/showroom and there is great on-site carparking. Currently leased to Outback Traders and Innova Products, the property is an attractive commercial investment with a current rental of $181,276.56 + GST with a combination of net and gross leases. The current owners have kept the building well maintained and have recently re-screwed the roof, installed new parapet caps and new clearlite panels. Features include: • Sale by Negotiation • 75% NBS • $181,276.56 + GST pa net rent • Multi tenanted • Established tenants
200 John F Kennedy Drive, Milson, Palmerston North
Web ID
BC99495
Floor area
2,030m2
Land area
3,111m2
price TBC
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