Auction Details
Auction Date: 13 September 2017
Auction Time: 5.30pm
Auction Location: Auto Lodge New Plymouth

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    Commercial, Investment

    105 Lemon Street
    Suburb: CBD
    Area: New Plymouth City
    Region: Taranaki & Wanganui

    Floor area: 520 m2 (5595.2 Sq. Feet)
    Land area: 1529 m2 (16452.04 Sq. Feet)
    Built in: 1980 1989
    Bathrooms: 14

    Property Type
  • Investment

  • • Central City Location
    • Freehold Title
    • 14 furnished units
    • Space for possible expansion
    • 7 leased at time of publication
    Surplus to motel requirements 105 Lemon Street New Plymouth is a rare opportunity to purchase 14 furnished studio apartments on one Freehold Title, in central New Plymouth.
    This is a generously proportioned, rectangular site with development potential, currently Zoned Residential B and just a short walk to central New Plymouth With 14 separate tenants the risk is spread and the extra land should allow for possible expansion in the future.
    Current Zoning Residential B
    All astute investors should inspect.
    Property Details
    Floor area 520mē
    Land area 1529mē

    Tenancy Details
    7 units let at time of publication at $230-00 per week

    To be Auctioned Wednesday 13th Sept 2017 5.30pm
    (unless sole prior)
    Auto Lodge New Plymouth

    Listing Salesperson
    Name: Alan Johnston - Bayleys - Success Realty Ltd trading as Bayleys Taranaki, Licensed under the Real Estate Agents Act 2008
       Licensed (Real Estate Agents Act 2008)
       Member of REINZ
    Phone: 06 759 5282
    Mobile: 027 293 0762
    A/H Phone: 06 754 6800


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