Sold Property

42-50 Miranda Street, Stratford, Taranaki 4332

$875,000

Strategic Stratford Commercial Investment For Sale

PGG Wrightsons has been here for 30+ years, with lease renewals to 2037. Nett Yield 6.4% approximately, plus current rental upside with the additional amortised fit out rental Income!
Make your investment in this tenanted Heartland Farm supply business
Excellent property location within walking distance of the central Stratford retail and light commercial area on Miranda Street, providing easy customer parking with good access for trucks and farming vehicles/trailers.
The premises provide this tenant with an excellent road frontage, showroom, bulk storeroom, low stud storeroom, six offices, boardroom, kitchen, drive through sales yard, rear loading canopy area and secure yard storage.
The building was re roofed 2012 (except for the lean to roof) with the vehicle driveway around the premises and storage yard areas to be re-sealed with asphalt.
Inspection by appointment only.

Land area: 2,548m2
Building area: 820m2
For Sale: Buyer Enquiry Over $812,500 plus GST Property ID: #NP7749

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Sold Date

  • 16 April, 2021

Property features

  • Property Type: Warehouse
  • Warehouse Square Metres: 820
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple

Office

Harcourts New Plymouth

Licensed under REAA 2008

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Est. bond $1920

Sold Property

42-50 Miranda Street, Stratford, Taranaki 4332

$875,000

Strategic Stratford Commercial Investment For Sale

PGG Wrightsons has been here for 30+ years, with lease renewals to 2037. Nett Yield 6.4% approximately, plus current rental upside with the additional amortised fit out rental Income!
Make your investment in this tenanted Heartland Farm supply business
Excellent property location within walking distance of the central Stratford retail and light commercial area on Miranda Street, providing easy customer parking with good access for trucks and farming vehicles/trailers.
The premises provide this tenant with an excellent road frontage, showroom, bulk storeroom, low stud storeroom, six offices, boardroom, kitchen, drive through sales yard, rear loading canopy area and secure yard storage.
The building was re roofed 2012 (except for the lean to roof) with the vehicle driveway around the premises and storage yard areas to be re-sealed with asphalt.
Inspection by appointment only.

Land area: 2,548m2
Building area: 820m2
For Sale: Buyer Enquiry Over $812,500 plus GST Property ID: #NP7749

Property Features

  • Property Type: Warehouse
  • Warehouse Square Metres: 820
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple

Sold Date

  • 16 April, 2021

Bruce Woodhead Harcourts New Plymouth

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Harcourts New Plymouth

Office Harcourts New Plymouth Licensed under REAA 2008

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Need to sell before you Buy?

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