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Palmerston North

783 Tremaine Avenue, Palmerston North, Palmerston North

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852sqm Land area SQM
320sqm Floor area

Superb affordable industrial investment


Presenting a functional freehold investment property on Palmerston North's main industrial thoroughfare, Tremaine Avenue, this property has tremendous opportunity and is being presented to the market for the first time in 20+ years!

Offering a versatile building of 320 sqm (more or less), the building comprises of a showroom with offices/amenities, with the rear having two spacious workshops accessed by dual roller doors. The property is further complemented with a secure yard at the rear of approximately 300 sqm.

This desirable investment is further supported by great profile and outstanding access to Tremaine Avenue and the wider Palmerston North surroundings. Leased by Tremaine Garage Doors Limited, who have occupied the site since 2006 and have an expiry of 30 September 2026.

Superb affordable opportunities of this nature are rare in this market. For further details, don't delay in requesting the full information pack today.

*All measurements and boundary lines are approximate only

For Sale by Negotiation
Karl Cameron

Karl Cameron


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Rod Grieve

Rod Grieve


Mid West Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


852sqm (more or less)

Lease term


Final lease term expiry: 30 September 2026

Passing income


$39,130.43 plus GST + OPEX

Rent review


Market rent review: 1 October 2025