Gill Street Solid Investment.

74-76 Gill Street, New Plymouth Central, New Plymouth

Ref No: NPC01671

Price: By Negotiation

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  • 1900 m2 Floor area
  •   1290 m2 Land area

Situated in the heart of Gill Street, this multi-tenanted superior option on a 1290 m2 section is now on the market.
There are currently two tenants. The gym and parking tenant both on the ground floor leaving the office space available.
The lease terms are very good and the tenants are national and international companies.
The building has 14 internal secure car parks for the office tenants, plus 8 exterior spaces, this is unheard of in the CBD, making the leasing of the property a lot easier for this reason. There is approx 1900 m2 of lettable space in total.
The office area fit-out is of a very high level, the gym site is only recently refurbished and the car parking tenant has installed auto doors for security.
There is excellent signage space on the building and the traffic flow is high through the very busy inner city route.
The seismic rating of the building is currently a C, but a recent ISA has been completed and for the right circumstance, the existing owners are prepared to invest in the work required to bring the building up to a 67% rating.
This site is well known, well positioned, very well presented, and would enhance any investment portfolio.

For a full IM and lease details plus an appointment to view, call today.

Price by negotiation.


Commercial Sales

Kevin Hight

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Commercial Sales

Russell Atkinson

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