Superbly positioned in the established Milson industrial precinct, this outstanding high-stud, twin workshop freehold property offers a first-class opportunity for investors and owner-occupiers. Being sold with one-half as vacant possession, this property provides flexibility to buyers seeking to occupy or as a tenanted investment.

Located 500 meters from Rangitikei Street (State Highway 3), this location offers great connectivity to the wider Palmerston North and Manawatu area. With generous sealed parking and a yard at the front, freight and goods in and out of the property are second to none. The property is further enhanced with a seismic rating of 70% NBS.

Affordable industrial investments don't get better than this!

Workshop One:

- Workshop, office, and mezzanine: 200qm (more or less)

- Vacant Possession

Workshop two:

- Workshop, office, and mezzanine: 143sqm (more or less)

- Annual Rental: $22,140 + GST plus outgoings

- Tenanted: Mico New Zealand Limited

- Final expiry: 27 March 2025

Deadline Sale

Closing Wednesday 25 October 2023 at 3pm

Bayleys,

243 Broadway Avenue,

Palmerston North

Boundary lines are indicative only