Sold Property

1-17 Queen Street, Palmerston North, Manawatu / Whanganui

  • 1090 m2

$850,000

Invest, Hold or Occupy

Invest, Hold or Occupy
- Owner is retiring
- Right in the middle of the Palmerston North CBD
- Corner site with great signage exposure
- 569 sqm (more or less) ground retail floor area, currently vacant estimated rental value of $60,000 + outgoings + GST. This area can also be sub-divided into two or three spaces.
- First floor has two apartments. 1x2 bedrooms and 1x3 bedrooms. Income $36,140.00 per annum.
- Opportunity to build another 3 or 4 apartments on the first floor.

The property is insured for earthquake and natural disaster for $1,143.000.00
Ground floor has a truck roller door access and three retail entrances.
Price by Negotiation. Property ID: #PN4737

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Sold Date

  • 13 August, 2021

Property features

  • Property Type: Office, Retail
  • Tenure: Fee Simple

Office

Harcourts Palmerston North

Licensed under REAA 2008

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Est. bond $1920
  • 1090 m2

Sold Property

1-17 Queen Street, Palmerston North, Manawatu / Whanganui

$850,000

Invest, Hold or Occupy

Invest, Hold or Occupy
- Owner is retiring
- Right in the middle of the Palmerston North CBD
- Corner site with great signage exposure
- 569 sqm (more or less) ground retail floor area, currently vacant estimated rental value of $60,000 + outgoings + GST. This area can also be sub-divided into two or three spaces.
- First floor has two apartments. 1x2 bedrooms and 1x3 bedrooms. Income $36,140.00 per annum.
- Opportunity to build another 3 or 4 apartments on the first floor.

The property is insured for earthquake and natural disaster for $1,143.000.00
Ground floor has a truck roller door access and three retail entrances.
Price by Negotiation. Property ID: #PN4737

Property Features

  • Property Type: Office, Retail
  • Tenure: Fee Simple

Sold Date

  • 13 August, 2021

Brian Kendrick Harcourts Palmerston North

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Harcourts Palmerston North

Office Harcourts Palmerston North Licensed under REAA 2008

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Need to sell before investing?

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