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.