Quality industrial investment - long net lease

43 Alderson Drive, Palmerston North CBD

By Negotiation

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Quality industrial investment - long net lease | 43 Alderson Drive, Palmerston North CBD | 3255549 |      X Close
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Quality industrial investment - long net lease

Attractive industrial investment leased long term to national tenant - Big Chill Distribution Ltd.

Completed in 2013, this quality industrial has a high seismic rating of 100% NBS. Big Chill have a national network of 9 depots specialising in frozen goods distribution. Located in the growing Manawatu Business Park alongside Foodstuffs, Ezibuy, Filway, and Downer EDI. In addition, there is surplus land of 1,692sqm for expansion.

Net income $456,449 pa plus built in annual CPI growth.

Easy investing with a net lease - tenant pays outgoings.

43 Alderson Drive, Palmerston North CBD

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Grant Young

Grant Young

Wellington - Residential

Licensed under the REA Act 2008

Mobile: +64 21 988 613
Office: +64 4 499 6022
grant.young@bayleys.co.nz
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Karl Cameron

Karl Cameron

Palmerston North

Licensed under the REA Act 2008

Mobile: +64 21 428 092
Office: +64 6 357 4989
karl.cameron@bayleys.co.nz
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