Fringe Light Commercial Investment With Potential!

137-141 Molesworth Street, New Plymouth, New Plymouth

Ref No: NPC02065

Price: Deadline for Offers

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  • 460 m2 Floor area
  •   776 m2 Land area

This is a unique opportunity to acquire a site on the ever-popular Molesworth Street. This is the first time coming to market since it was built in the early 1990's.
The area is 776 m2 of space and has three tenancies on the site. It is bordered at the rear by railway land which is used by two of the three tenants.

Each tenancy has a two-level office/showroom at the front and a well set out workshop or warehouse to the side with large roller door access. Excellent parking is available onsite for each tenancy.

There are a number of high-end apartment developments in this area of Molesworth, all of which have commanding views of the coast and the mountain. this site could be developed in the same manner.

These have been popular sites and have been consistently leased.
Excellent upsides on the leases are in the pipeline.

The property is offered by Deadline Sale on the 30th of June unless sold prior.
For further information, and IM and lease details call today.



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