Colliers presents for sale 118 Fitzherbert Avenue, a great opportunity to invest in the Palmerston North commercial market.
Situated only 400 metres from the centre of the city with the new Quest Apartment and Powerco developments recently constructed across the road, the location is second to none.
The land area is 889m² (more or less) with a two-level office building of 575m² (more or less), providing a net income of $76,577.11 per annum.
This property exudes opportunity for an astute buyer to increase returns by leasing out the vacant space.
Call us today for further information.
The property is For Sale by Deadline Private Treaty with offers to be submitted by 4pm, Thursday 9th December 2021 (unless sold prior).
Ref #: 20844648
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